Analysis
As Nigeria grapples with economic challenges, the government is set to introduce a tax on cryptocurrency transactions. This move appears to be an effort to tap into the burgeoning digital economy and the informal sector.
Cath Jenkin
Cath Jenkin is Opinion Editor at Cointelegraph. With extensive, international experience across all major industries, she sharpened her focus into the world of blockchain and cryptocurrency, driven by a desire to educate, inform, and guide. Cath looks forward to the future where a well-regulated environment is bolstered through widespread adoption, and believes that utility is where the true purpose of cryptocurrency is destined to live.
Nigeria’s new crypto tax policies may not drive the revenue it needs