KuCoin to enforce 7.5% VAT on Nigerian trades amid regulatory changes
Crypto exchange KuCoin said it would start collecting a 7.5% value-added tax on trading fees from its Nigerian users on July 8.According to...
Nigeria to mandate local offices, leadership for crypto firms seeking license under new regime
The Securities and Exchange Commission (SEC) of Nigeria has introduced stringent guidelines for Virtual Asset Service Providers (VASPs) to establish a local office...
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South Korea to tighten crypto exchange oversight with new monitoring system
South Korea’s Financial Supervisory Service (FSS) plans to tighten oversight of crypto trading platforms under its jurisdiction to eliminate fraudulent transactions.In a July...
Europe updates Travel Rule to include crypto service providers in anti-money laundering push
The European Banking Authority (EBA) has updated its Travel Rule guidelines to include crypto service providers and intermediaries, according to a July 4...
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Ex-Obama Solicitor General accuses regulators of intentionally debanking crypto firms
Former Solicitor General Donald B. Verrilli, who served during the Obama administration, has accused US regulators of intentionally stifling the crypto industry through...
