BTCC / BTCC Square / Global Cryptocurrency /
Nigeria Strengthens Crypto Tax Oversight with TIN and NIN Linkage

Nigeria Strengthens Crypto Tax Oversight with TIN and NIN Linkage

Published:
2026-01-13 17:22:03
12
1
BTCCSquare news:

Nigeria's tax authorities are tightening their grip on cryptocurrency transactions through the Nigeria Tax Administration Act (NTAA) 2025. The legislation mandates the linkage of crypto activities to Tax Identification Numbers (TINs) and National Identification Numbers (NINs), aiming to curb tax evasion and ensure proper taxation of digital asset income.

Crypto platforms operating in Nigeria must now collect and report detailed user information, including names, contact details, TINs, and NINs. Monthly reports to tax authorities will include transaction specifics such as asset types and values. The law also grants authorities the power to request additional data from exchanges at any time.

The NTAA 2025 aligns with global tax frameworks like the OECD's Crypto-Asset Reporting Framework, signaling Nigeria's commitment to international compliance standards. This MOVE reflects a broader trend of governments seeking to regulate the crypto space while maintaining its growth potential.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.