India’s finance minister, Nirmala Sitharaman, announced on 1 February 2022 a 30% tax on any income earned from the transfer of virtual digital assets. The Indian crypto market is among…
The Stakeholders in Blockchain Association of Nigeria (SiBAN)—a self-regulatory body in Nigeria’s emerging blockchain industry—has intervened in a matter involving one of the world’s leading crypto exchanges, Binance, and some…
The year 2021 witnessed a tremendous rise in cryptocurrency adoption around the world. At the close of the year, the total market cap of cryptocurrency hit $3.3 trillion. From a…
Across various jurisdictions, there is still a high level of uncertainty regarding how stablecoins should be regulated. Generally, below are the major options regulators have been considering: options being: 1.…
“Cryptography is a method of encrypting and hiding codes that prevent oversight, accountability, and regulation”. You read that right!
We reject the undue discrimination against Nigeria’s blockchain & crypto industry. We note that our emerging blockchain & crypto industry has been severally, repeatedly, and largely unduly criminalized, demonized, and…
It is against the background above that we bring Nigerians’ attention to the 7th order of the day at the House of Representatives on 25 April 2021. The order is…
The Voice of Reason draws deserving attention to key issues in Nigeria’s policy and regulatory environment, with focus on the emerging blockchain industry. The Voice of Reason, we hope, will…
In what appears to be a Central Bank of Nigeria (CBN) clampdown persons engaging in cryptocurrency trading in Nigeria, banks in the country have been blocking, closing, and/or freezing the…
The Voice of Reason draws deserving attention to key issues in Nigeria’s policy and regulatory environment, with focus on the emerging blockchain industry. The Voice of Reason, we hope, will…