CBN lifts ban on cryptocurrency transactions - page 2.

Uhwuchukwu53

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Quote from: Charles-Tim on December 22, 2023, 06:15:50 PM

You can send the merits to https://bitcointalksearch.org/topic/m.63371202

https://punchng.com/breaking-cbn-lifts-ban-on-cryptocurrency/

The ban has been lifted. But banks and other financial institutions in Nigeria are not allowed to hold, trade and/or transact in bitcoin and other cryptocurrencies.

In the 2023 Financial Act that 10% capital gain tax on virtual assets was included, we know this is coming. Although, we enjoy the CBN ban. Probably regulations and taxation are coming.

Op the news is very good our heart flow with joy this are always our expectations from them we still believe that more of good decision to make Bitcoin function freely in the nation will come soon as no choice of better economy than this and following the moving train of other nations, only Bitcoin can reduce huge percentage of unemployed graduate youth of this Nation who are will to work in this platform by investing, selling what they means buying and selling is initiated, op once again thank for current update.

Samlucky O

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This is the best news that has happened to Nigeria this year. I thank God they have started seeing crypto currency from the brighter side. Who would have believed that Nigeria of all people would take this kind of decision so soon. I pray the next thing should be making it a legal tender. One thing I am not certain is if this is a trap, to see people who are doing crypto currency transactions since they where unable to track people down from binance. But even if their intentions are genuine I think people should be carefull and watch how long this will last because Nigeria is not always serious. And let us not just start to rush into transaction but wait and see how long it last before we start.

Makus

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Ha oooo, make una come see oo, this is the best decision from our leaders this year, na wattin we want, I thank God say dem sef don dey see say crypto na one of the way forward, now no more threads about crypto restriction in Nigeria again, omor the thing just dey give me joy, I no lie you this na the best thing wey don come out from the government this year. Now person no go dey behave like thief for another man house, but that one no mean say make we no take cover oo. E just be like say na me happy pass. Before you go know now miners dem wey been dey hide ho come start to dey burst out one by one. Cheesy

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Thanks to the persons that made this possible.

Y3shot

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This na better news wey good make the Nigeria you dey hear, it is a very good development. So now it means bitcoin is not been restricted from using in Nigeria, people can now use bitcoin without been harassed by security men. This is very impressive , atleast it will encourage young people to embrace bitcoin without any fear from the government. Wit such news we are hoping that one day the government will accept Bitcoin as alternative currency.

Charles-Tim

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Leading Crypto Sports Betting & Casino Platform

Quote from: Dr.Bitcoin_Strange on December 22, 2023, 06:24:01 PM

I don't mean to sound rude sir, @Charles-Tim but if you actually think the topic is really worth meriting, you being the first person to sight it, can drop your merit. Grin

It's really a great news tho.

Thanks for telling me your mind. Although, I wanted to merit the post, but I was still editing this thread's OP as you can see before you post.

Yes, it is a great news. There will be more ways to buy and sell cryptocurrencies again in Nigeria. Although, I like P2P but some people will definitely prefer other means.

Dr.Bitcoin_Strange

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Quote from: Charles-Tim on December 22, 2023, 06:15:50 PM

You can send the merits to https://bitcointalksearch.org/topic/m.63371202

I don't mean to sound rude sir, @Charles-Tim but if you actually think the topic is really worth meriting, you being the first person to sight it, can drop your merit. Grin

It's really a great news tho.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

You can send the merits to https://bitcointalksearch.org/topic/m.63371202

https://punchng.com/breaking-cbn-lifts-ban-on-cryptocurrency/

The ban has been lifted. But banks and other financial institutions in Nigeria are not allowed to hold, trade and/or transact in bitcoin and other cryptocurrencies.

In the 2023 Financial Act that 10% capital gain tax on virtual assets was included, we know this is coming. Although, we enjoy the CBN ban. Probably regulations and taxation are coming.

Topic: CBN lifts ban on cryptocurrency transactions - page 2. (Read 303 times)