Quote from: Samlucky O on Today at 04:52:01 AM

My people ona good morning o. I no say dis news na old one but I say make we touchlight am small. Our x vice president professor yemi osibanjo on the 26 of February 2021 been say crypto currency no sopos ban for we country naija say we need to regulate am.

This reminded that time and we discussed about it in economy section of this forum: Nigeria’s vice president, Yemi Osinbajo speech at economic summit on Friday

Quote from: Samlucky O on Today at 04:52:01 AM

So now I come dey ask say if bitcoin get regulations for our country Naija, say we fit enjoy am as we dey enjoy like this?

It was an implicit ban, not a (total) ban. That is the benefit we are enjoying. This ban favors us for now because wẹ are not taxes, although 10% capital gain tax was included in the present financial bill which was signed by the incumbent president. Which means federal government do not ban bitcoin and other cryptocurrencies. But if the regulation started effectively, many Nigerians will start paying tax. Although some people will start to prefer to use a decentralized exchange.

I will like tax to be enforced, especially on those crypto exchanges that are stealing from the government but the government failed to understand till today. Those exchanges supposed to have office in Nigeria, employ workers and all of them supposed to be tax just like nmbanks.

Quote from: Samlucky O on Today at 04:52:01 AM

Or had it been say them regulate am instead of ban, them for gree make Bitcoin a means of transaction/payment?

I have used bitcoin several times to pay for services online since 2020. I wish to be using it most only services are requiring fiat. I have used bitcoin and stable coin like USDT to have deals with friends before, especially the ones on this forumbwhich are Nigerians.

Know that it is highly not likely that Nigeria government can make bitcoin a legal tender or accept it as a means of payment. But we ourselves knows the usefulness of bitcoin in something like this.