A recent statement by the Federal Inland Revenue Service (FIRS) emphasizes the inevitability of cryptocurrency, saying “we can’t run away from it” . This statement comes as FIRS seeks 
legislative backing to regulate the crypto industry, acknowledging its significant presence and potential impact on the economy . The FIRS aims to establish a comprehensive legal framework to govern cryptocurrency transactions, ensuring they contribute to economic development while mitigating potential
We can’t run away from cryptocurrency – FIRS
