News with the tag "7.5%"

KuCoin will begin collecting the 7.5% tax on “all transaction types” from Nigeria users beginning Monday, July 8. The tax applies to “all transaction types on KuCoin platform.” Signs of an immediate regulatory shift for cryptocurrency in Nigeria emerged on Wednesday as crypto exchange KuCoin announc...

Crypto exchange KuCoin said it would start collecting a 7.5% value-added tax (VAT) on trading fees from its Nigerian users on July 8. According to a July 3 statement, the firm said: “Starting from July 8th, 2024, we will begin collecting a Value-Added Tax (“VAT”) at a rate of 7.5% on transaction fee...

Bitcoin could be on the brink of a rally to new record highs, but it still has one significant resistance to overcome, according to Markus Thielen.

Following Cardano’s impressive 28.4% surge in November, enthusiasts of the popular altcoin are eagerly eyeing a potentially festive December. Having achieved its highest price since May 2023, Cardano has sparked speculation and optimism among its followers. Over the past two years, Cardano has witne...