Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player stated that implementing the tax will likely harm the industry. […]Africa, Binance, crypto exchanges, Crypto Nigeria, KuCoin, KYC, tax evasion, value added taxRead More

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