LAGOS, Aug 6 : Nigeria has introduced stamp duty on certain crypto transactions and withholding taxes that industry players say could undermine adoption of digital assets in one of the world's most active retail crypto markets.The tax authority released rules for cryptocurrencies, stablecoins, non-fungible to

Nigeria's taxman has issued guidelines for virtual asset service providers (VASPs) as it brings crypto and digital assets into its tax economy.

Nigeria's new crypto tax guidelines require exchanges to collect a 1.5% stamp duty in digital assets instead of naira.