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Abubakar Nur Khalil profile picture
Abubakar Nur Khalil
@Abubakar
In my latest piece for Forbes Crypto, I go through Nigeria’s new tax laws and its implications for Bitcoin and Stablecoin holders and VASPs in 2026 📌

The new laws introduce several changes, including taxes of up to 30% on profits for Bitcoin and stablecoin holders, a 30% corporate tax for VASPs on digital assets operation (e.g. from tx fees), and introduces the potential for digital assets transactions tracking by the government (i.e. direct txs and flows to individuals’ bio and other personal info) 🛑 👁️

https://www.forbes.com/sites/digital-assets/2026/02/23/what-nigerias-2026-tax-laws-mean-for-bitcoin-holders-and-vasps/
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Robert Allen · 3w
This regime is very bad for Bitcoin in Nigeria. It will likely push innovation outside of the country to other parts of Africa.
cipher · 3w
Good find