Post
Topic
Board Nigeria (Naija)
Re: As a crypto user isn't it sumtin to give a thought about?
by
Charles-Tim
on 29/10/2023, 22:18:55 UTC
So how unah reason this matta, make we tok of possible hints to use survive this plan.
The crypto exchanges that have no offices in Nigeria. This is not possible for now unless Nigeria is ready to regulate crypto exchanges. They got a hint and declared Binance not registered in Nigeria. Binance replied and said Binance Nigeria is illegal, that Binance Nigeria is not Binance. What did SEC said after? Nigeria SEC said Binance itself should not be trusted as the company is nit registered in Nigeria. This was when Binance said they are ready to cooperate. Even though, Binance and other centralized exchanges that Nigerias are using their CEXP2P have no option than to cooperate with Nigeria government and regulators if they know what they are doing. The centralized exchanges are not even taxed, nit to talk if taxing the citizens.