NRS Issues New Tax Guidelines For Cryptocurrency, Virtual Assets

• Nigeria Revenue Service (NRS) has released new tax guidelines for virtual assets and cryptocurrencies under the Nigeria Tax Act, 2025.
• These guidelines aim to enhance tax compliance and broaden revenue collection from the expanding digital economy, targeting taxpayers, VASPs, and P2P operators.
• The move signifies Nigeria's evolving approach to regulating digital assets, providing clarity and certainty for participants in the virtual asset ecosystem.

Topics: Jurisdictions, Legal regulatory, Compliance, Cross jurisdictional policy, Securities law classification, Aml antimoneylaundering

Tags: #nigeriarevenueservice #nrs #cryptocurrency #virtualassets #taxguidelines #taxact #vasps #p2p #digitaleconomy #taxcompliance

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Foreign investors may bet big on Indian stocks after regulatory clarity emerges

• India has opened its stock markets to direct investment by foreign individuals, aiming to diversify capital sources beyond Foreign Portfolio Investors (FPIs).
• While a long-term positive for market liquidity, initial inflows are expected to be slow due to operational, tax, and compliance complexities for offshore investors.
• The move is seen as a structural reform, with financial firms and intermediaries poised to benefit from developing services for this new investor category.

Topics: Jurisdictions, Institutional adoption, Legal regulatory, Emerging hubs, Onboarding prime brokerage, Securities law classification

Tags: #foreigninvestors #indianstocks #regulatoryclarity #capitalsources #operationalhurdles #taxcompliance #foreignportfolioinvestors #dalalstreet #financialintermediaries #hnis

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