Post
Topic
Board Nigeria (Naija)
Re: Cryptocurrency in Nigeria: From ban to taxation
by
Doan9269
on 10/06/2023, 13:09:49 UTC
Government are now just coming out straight on the interest of what they want with cryptocurrency, it's either they control it which is obviously impossible or they regulate it which will attract the payment of tax for every transactions performed, but two things remain unclear to me here, will the exchanges be the ones to be taxed or every individuals, secondly is that, will the government through this now allow the commercial banks to perform cryptocurrency transactions as against the ban made in 2021 considering the new administration.