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Nigeria Charges Binance, Detained Executives With Tax Evasion: Reports

The charges, which also name two Binance executives detained by the government, were announced by the Federal Inland Revenue Service (FIRS) and filed at the Federal High Court in Abuja, one outlet reported. The exchange is being charged with four counts of tax evasion, including “non-payment of Value-Added Tax (VAT), Company Income Tax, failure to […]

Mar 25, 2024 Read more

South Korean Province Gyeonggi Uses Digital Tracking to Collect $4.6M From Crypto Tax Evaders

The process involved using the local registration number of violators or delinquents, as they are referred to in South Korea, held by local governments. This revealed the mobile numbers of the violators, which were then used to track the linked accounts on crypto exchanges. The system reduced the previous six-month long process of requesting case-to-case […]

Feb 25, 2024 Read more