Nigeria to Track #Crypto Transactions Using National Identification Numbers and Tax Records

Nigeria has revealed new tax law mechanisms that could eventually make #cryptocurrencies traceable using national Nigerian Tax Administration Act (2025) noted that the government is planning to track #crypto transactions in real-time, using Tax Identification Numbers (TINs) and National Identification Numbers (NINs).Per a report by TechCabal, the method will make it easy for tax authorities to track largely invisible #crypto transactions without directly accessing the #blockchain itself. By linking it to national IDs, #crypto flows can be matched with income declarations and tax records, the report National IDs to #Crypto Transfers, Here’s WhyThe West African nation [.]

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