Day: 13 January 2026

Nigerian Tax Law To Require TIN and NIN in Attempt To Curb Crypto Tax Evasion and Avoidance

Quick Breakdown Nigeria’s 2025 Tax Administration Act now requires Virtual Asset Service Providers (VASP) to collect and report users’ Tax Identification Numbers and National Identification Numbers with transaction data. The move aligns Nigeria with the OECD’s Crypto‑Asset Reporting Framework, enabling authorities to trace crypto profits at home and abroad for ...

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PayPal Powers Google’s AI Commerce Framework, Accelerates Crypto Payment Adoption

Quick Breakdown PayPal partners with Google to enable payments in the new AI-driven commerce system, leveraging PYUSD stablecoin for instant settlements. Integration taps Gemini AI models to personalize transactions, process refunds, and manage shipping directly within Google apps. Move positions PayPal ahead of rivals like Stripe in embedding crypto payments ...

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Italy’s CONSOB Warns Finfluencers: EU Rules Apply Fully to Crypto Promotions

Quick Breakdown  Crypto influencers are fully subject to EU financial promotion rules, even if they aren’t licensed professionals “Not financial advice” disclaimers don’t remove legal responsibility, and paid ads must be clearly disclosed Regulators across Europe are escalating enforcement, with fines, bans, and possible criminal charges   Italy’s securities regulator, ...

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Court Temporarily Blocks Tennessee Regulators from Taking Action Against Kalshi

Quick Breakdown A federal judge temporarily blocks Tennessee from enforcing actions against Kalshi, allowing it to keep operating while its legal challenge moves forward. Kalshi argues it’s federally regulated under the CFTC, challenging state authority over prediction markets and recent cease-and-desist orders. Enforcement in Tennessee is paused until a January ...

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