The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS is seeking support from the Nigerian National Assembly to implement […]
Marathon Digital Holdings Inc. has diversified its mining activities by adding kaspa (KAS), a proof-of-work digital asset, to its portfolio. The initiative has already yielded significant results, with the company mining 93 million KAS, valued at approximately $ 15 million as of June 25, 2024. Marathon Digital Diversifies With Kaspa Mining, Adds $ …
A Kenyan parliamentary committee has reportedly approved a bill that proposes to widen the definition of securities to include cryptocurrencies. The bill proposes a tax on crypto exchanges and digital wallets as well as a capital gains tax on users who realize a capital gain from the sale of their crypto assets. Bill Just Two […]
A Nigerian official recently said the foreign exchange-starved country plans to include “legitimate” market participants like bureaux de change and financial technology companies in the official forex currency market. Finance Minister Wale Edun also said the country will receive $ 10 billion in inflows in the next few weeks. Nigeria Contemplates Outlawing Forex …
WordPress.org began testing two-factor authentication (2FA) as an opt-in feature in May 2023. The interface and functionality are still in beta but it’s operational. This week contributors have expanded support for 2FA with a new interface for adding security keys, which are more secure than the one-time passwords. A logged in …