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FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead (47372 Views)

CBN Lifts Ban On Cryptocurrency Transactions / CBN To Intervene In Forex Market, Lifts Ban On 43 Items / CBN New Policy On Cryptocurrency: What You Should Know (2) (3) (4)

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Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by kellybently(m): 5:05am On Jun 08, 2023
[quote author=peekspot post=123642695]

https://www.thecable.ng/timeline-from-ban-to-taxation-fgs-journey-to-cryptocurrency-acceptance/amp[/quote

Do any bank transaction and put crypto related description and know how far
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by malel1: 5:09am On Jun 08, 2023
kokoA:
Buhari should have been president of Kuvuki land.. Stone age somebody.

πŸ˜‚ πŸ˜‚ πŸ˜‚
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by RESHARPENED: 5:13am On Jun 08, 2023
The degree of dumbness on this thread is disturbing.

So many people quick to praise or blame Tinubu for it when it's clearly written that Buhari signed the bill.

9 Likes 1 Share

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Hoelujohn: 5:19am On Jun 08, 2023
LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.
Tinubu doesn't even know what is called crypto.

2 Likes

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by 9182736455O1999(m): 5:35am On Jun 08, 2023
Buccalcavity2:
Wow. Just 10%. That's the cheapest in the world! Wat to go
Really?
I was thinking it was a little bit high. undecided

1 Like 2 Shares

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by YouandiAllofus: 5:42am On Jun 08, 2023
talk2hb1:

I guess they Ban it because it’s fast becoming a threat to Nigeria stock exchange market, nobody (most Nigeria youths) are not trading Nigeria stocks.
Have they removed the threat?

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Buccalcavity2: 6:01am On Jun 08, 2023
9182736455O1999:

Really?
I was thinking it was a little bit high. undecided
Here it's 50% and they mandate Binance to send your statement. No hiding

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Ex0rrcist: 6:58am On Jun 08, 2023
LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.
Stop attaching Buhari success to Tinubu, steal mandate, steal achievement tooo.

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by SamOchuko: 7:32am On Jun 08, 2023
YouandiAllofus:
Emefiele under MB's presidency introduced this ban 2yrs ago that almost crumbled the fastest growing digital space for currency in the world. Same emefiele now under BAT's presidency of barely two weeks have lifted the same ban it imposed about 2yrs ago. I wonder what has changed, and i hope the digital currency is able to find its trace to its previous status. Clearly, the quality of leadership has a huge impact in the quality of service rendered by the subordinate



Bro it was lifted under same MBs presidency, read the post, MB signed it into law on the 28 day of May, a day before he handed over t BAT.

3 Likes

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by b3llo(m): 7:36am On Jun 08, 2023
TemplarLandry:
Way to go!
This govt seems to be alive to modern-day realities.
Buhari should take the glory. BAT government will give us hope πŸ™πŸ½

3 Likes

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by BrownSugq: 8:43am On Jun 08, 2023
LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.
He will not be there for long
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Pityoobi: 8:43am On Jun 08, 2023
See person wey sabi
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Pityoobi: 8:44am On Jun 08, 2023
BrownSugq:

He will not be there for long
In your mind you are wise ba… dey play

3 Likes 1 Share

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Nasir123(m): 8:45am On Jun 08, 2023
The most wonderful news of the year!!!
THANK YOU!πŸ™πŸ™πŸ™

Next is PayPal
We moOOVE!!!

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by INTEGRITYA1(m): 8:46am On Jun 08, 2023
This is nice move, even Remo Omokri will hail this decision today before sun will set.

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by chaseblack(m): 8:46am On Jun 08, 2023
Ihateheadslamer:
According to tinubu, you are free to engage in yahoo yahoo it is your birthright tongue

Read you no go read, of the law was put in place as early as May 1st and Tinubu came into power May 29th, how is it Tinubu's doing?

No lie, wetin you get for English in your WAEC?
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Cmanforall: 8:46am On Jun 08, 2023
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by solmusdesigns: 8:47am On Jun 08, 2023
Win win.... Lower pressure on Forex market, more youth engagement, Government making tax
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by nairalanda1(m): 8:47am On Jun 08, 2023
Wrong move, crypto really is a scam...until we have something like a Central bank regulating the thing.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Gbeng30(m): 8:47am On Jun 08, 2023
Which one did they ban before, is this a play or what... grin grin grin
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by AleAirHub(m): 8:48am On Jun 08, 2023
Nice move😎😎😎
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by abbeyfel: 8:48am On Jun 08, 2023
Ihateheadslamer:
According to tinubu, you are free to engage in yahoo yahoo it is your birthright tongue
Mumu comment
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Warrior247: 8:48am On Jun 08, 2023
inoki247:
Lol ok....




They should give our Debit card access to Forex now even if na $500 monthly...
Boss e just be like say you dey my mind o
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Yampotatocarrot(m): 8:48am On Jun 08, 2023
Lol, OP must be joking... Buhari administration did what?

I even thought it was a serious something, was about to praise Tinubu's administration for another brilliant goal... Until we can use our cards to trade crypto as it has been in the past, that's when we'll believe it has been unbanned

For now, people dare not include crypto in detail of any transaction they're doing to you, so where is the unbanning?
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by abbeyfel: 8:48am On Jun 08, 2023
SalamRushdie:


Crypto is modern day realities? πŸ˜…πŸ˜…
Isn't it?
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Yampotatocarrot(m): 8:50am On Jun 08, 2023
inoki247:
Lol ok....




They should give our Debit card access to Forex now even if na $500 monthly...

Mehn, with $500 monthly, you'll be surprised the number of new young millionaires that'll come out of Nigeria... I believe that'll be one major way for Tinubu to win the hearts of the youths again... Just this decision will make many youths fall in love with his administration

2 Likes 1 Share

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Kunlexity(m): 8:50am On Jun 08, 2023
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Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by IgbosNIGHTMARE: 8:51am On Jun 08, 2023
kokoA:
Buhari should have been president of Kuvuki land.. Stone age somebody.
That man will never know peace for rest of his life and all his family members and everyone that benefited in his corrupt leadership.
Very USELESS, cunning and stupìd.
Also very shameless.
RUSHED TO OPEN UNCOMPLETED DANGOTE REFINERY, SO HE CAN RECEIVE UNDESERVED CREDITS FOR IT ...
OPENED AN UNEXISTING NIGERIAN AIR STEALING BILLIONS OF NAIRA...



THE MOST CORRUPT AND UNFORTUNATE PRESIDENT IN THE HISTORY OF NIGERIA.

3 Likes 1 Share

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by NaijaCover(m): 8:52am On Jun 08, 2023
No Be Small Thing ooooo
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by lomprico(m): 8:52am On Jun 08, 2023
saintjimos:
So why banned it In the first place

Buhari's plan was to impoverish all Nigerians
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Dicado: 8:52am On Jun 08, 2023
peekspot:


https://www.thecable.ng/timeline-from-ban-to-taxation-fgs-journey-to-cryptocurrency-acceptance/amp
thank God o... Confused wicked Emefiele and Buhari did their wickedness during their tenure and tried to correct themselves only that "stealing - taxation (corruption)" is added.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Jman06(m): 8:52am On Jun 08, 2023
Nice one

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