How FIRS boss is boosting confidence in crypto market — Analyst

How FIRS boss is boosting confidence in crypto market — Analyst

A policy analyst, Arabinrin Aderonke, has offered insight into how the Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, is boosting confidence in the cryptocurrency market in the country.

In a piece titled “Zacch Adedeji: Bringing Sanity Through Regulation to Crypto World,” Aderonke remarked that cryptocurrency has become a major financial phenomenon in Nigeria that cannot be ignored.

She noted that as Nigeria delves into the world of digital currencies, Adedeji is stepping up to ensure the country’s tax laws do not get left behind.

Aderonke, who serves as Technical Assistant, Broadcast Media at FIRS, disclosed how Adedeji intends to revamp Nigeria’s tax system to change the game for how cryptocurrencies are taxed.

She said, “Cryptocurrencies have rapidly gained popularity worldwide, and Nigeria is no exception. With its engagement in digital currency trading,…
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