News linked to both this project and an event.
According to The Nation, the Nigerian Tax Authority issued the "Virtual Asset Tax Guidelines", explicitly incorporating income from virtual asset transactions such as cryptocurrencies, stablecoins, utility tokens, security tokens, and non-fungible tokens into the existing tax system. The guidelines stipulate that gains generated from asset disposal, exchange, and transfer, as well as income derived from mining, staking, airdrops, token rewards, etc., must be taxed in accordance with the law. Virtual asset service providers are also required to fulfill obligations regarding tax registration, transaction information reporting, and suspicious transaction reporting to strengthen tax compliance and regulatory transparency in the country's digital asset sector.
According to The Nation Thailand, the Thai Securities and Exchange Commission has filed a criminal complaint with the Economic Crime Suppression Division against digital asset exchange Bitkub and its two former directors, alleging false statements in daily net capital reports submitted after the 2021 hacking incident. The incident resulted in the theft of approximately 1.7 billion baht worth of digital assets. The regulator believes that Bitkub failed to accurately reflect asset losses and related changes during the period from May to October 2021.
According to a post by the Crypto Council for Innovation, Illinois Governor Pritzker has signed a digital asset tax bill—widely regarded as the nation’s most punitive digital asset tax regime—which will impose a disproportionate tax burden on Illinois residents using digital assets. The Council strongly opposes the measure, warning that it will drive innovators and developers out of the state, and has issued an official letter of opposition.