Re: As a crypto user isn't it sumtin to give a thought about?
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 Nigerian SEC said after? Nigeria SEC said Binance itself should not be trusted as the company is not 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, not to talk of taxing the citizens.Well, I done read something like this before outside this forum but me no take am call anything and I no even pit much interest because I no dey sure say FEDERAL GOVERNMENT (F.G) go fit tax any crypto exchange because from the beginning them no accept am and so no crypto currency exchange get office for anywhere for this we country, so e no go dey very much possible at all.
That was Buhari time. But no regulation yet. In the Financial act, crypto tax is among.amd it is 10% capital gain tax.