KuCoin Implements 7.5% VAT on Nigerian Crypto Transaction Fees Amid Ongoing Bans

KuCoin Implements 7.5% VAT on Nigerian Crypto Transaction Fees Amid Ongoing Bans

full version at en.coinotag
Effective July 8, KuCoin will enforce a new 7.5% VAT on transaction fees for Nigerian users. This VAT exclusively affects users who have completed Know Your Customer (KYC) registration in Nigeria. The introduction of the VAT amid ongoing governmental restrictions on crypto activities has caused unease among stakeholders. KuCoin’s announcement of a 7.5% VAT on […]

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