India Finally Bans Cryptocurrencies, Gives Investors Six Months To liquidate Assets

LAGOS FEBRUARY 14TH (NEWSRANGERS)-India has become the second country to outrightly ban Bitcoin and other cryptocurrencies. This is coming after the Central Bank of Nigeria instructed all financial institutions in the country to block the accounts of all individuals and entities linked to cryptocurrency transactions. There has been a lot of drama surrounding India’s cryptocurrency…

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S/Africa’s Tax Agency Clamp Down on Crypto Users As India Consider Imposition Of 18% Tax

LAGOS FEBRUARY 8TH (NEWSRANGERS)-The South African Revenue Service (SARS) is reportedly sending taxpayers audit requests, asking those who have held cryptocurrencies to disclose their trading activity. SARS has sent the requests to a number of taxpayers who, in turn, contacted professional tax services firm Tax Consulting South Africa, reported local IT news site MyBroadband on…

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Nine Die After Drinking Hand Sanitiser Amid Liquor Lockdown

LAGOS  AUGUST 1ST (NEWSRANGERS)-Nine people have died in India from drinking alcohol-based hand sanitiser after liquor shops in their town were closed due to virus restrictions, police said on Friday. The group lost consciousness after consuming a “high quantity” of hand sanitiser mixed with water or soda, Siddharth Kaushal, police superintendent for Kurichedu town in…

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