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Nigeria is a significant center for cryptocurrency transactions, with the Federal Inland Revenue Service overseeing tax regulations. Cryptocurrencies are classified as property, necessitating taxation on profits from sales and other …
Understanding Cryptocurrency Taxation in Nigeria: An Essential Guide Read More
Brazil is debating the adoption of Bitcoin as a strategic reserve asset, amid pushback from the central bank. Central bank director Nilton David has called the idea inappropriate, while lawmaker …
Brazil Engages in Bitcoin Reserve Debate Amid Central Bank Concerns Read More
El Salvador’s President Nayib Bukele meets with former President Trump to discuss Bitcoin policies, immigration, and economic strategies. This meeting may significantly impact Bitcoin’s valuation and adoption, as discussions reflect …
El Salvador and Trump: A Strategic Alliance for Bitcoin Transformation Read More
Brazil’s data protection agency upheld a ban on World ID’s crypto payments due to privacy concerns. The agency rejected Tools For Humanity’s petition to review this decision and will maintain …
Brazil’s Data Watchdog Upholds Ban on World ID Cryptocurrency Payments Read More
Coinbase opposes Brazil’s proposed stablecoin regulation, citing concerns it would hinder adoption and user operations. Tom Duff Gordon stresses the importance of self-hosting wallets for decentralized finance and presents alternatives …
Coinbase Challenges Brazil’s Proposed Stablecoin Regulation to Protect Innovation Read More
Nigeria remains open to the cryptocurrency sector despite legal challenges with Binance, asserting that regulatory actions aim to strengthen compliance and curb illicit activities. Minister Mohammed Idris emphasized the need …
Nigeria’s Commitment to Crypto Continues Amid Legal Disputes with Binance Read More
Bitfarms Ltd. has successfully sold its Yguazu, Paraguay data center for approximately $85 million. This strategic move will allow the company to strengthen its North American operations, reducing average power …
Bitfarms Completes Sale of Yguazu Data Center, Focusing on North American Growth Read More
HIVE Digital Technologies plans to expand operations in Paraguay, targeting revenue growth from $120 million to $500 million. Key leadership includes Gabriel Lamas, who will develop vital infrastructure. The acquisition …
HIVE Digital Technologies Expands Operations in Paraguay with Strategic Leadership and Key Acquisition Read More
Following a hack of Bybit, North Korea has increased its Bitcoin holdings significantly, overtaking El Salvador and Bhutan to become the world’s third-largest government holder of Bitcoin. The situation illustrates …
North Korea Surpasses El Salvador, Bhutan in Bitcoin Holdings Post Bybit Hack Read More
Uruguay has legalized cryptocurrency regulations, enhancing its financial framework and appealing to digital nomads. The country is known for its high living standards, stable economy, and progressive tax policies. With …
Uruguay’s Rise: From Legalized Marijuana to Progressive Crypto Regulation Read More