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FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead - Business (5) - Nairaland

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Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Johnn74: 9:54am On Jun 08, 2023
kenny714433:
Oh! So they even banned it 😂
Tell me what I don't understand. Maybe I've been trading crude oil these while and not crypto..

🤡🤡
cool

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Landmine1: 9:54am On Jun 08, 2023
Omoapena:
I'm sensing BAT is planning to make Tony elumelu CBN governor..
Buhari did this not tinubu. Tinubu has nothing to do with this news.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by randymirrors(f): 9:55am On Jun 08, 2023
This is the kind of change in government policies we want.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by YouandiAllofus: 9:56am On Jun 08, 2023
SamOchuko:




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.
Okay, thanks for pointing that out. But there is every likely hood that the relaxing of this ban was hurriedly put back together by the previous administration knowing that they are already on their way out for the incoming administration to deal with the merits and demerits that may arise.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by clinician2x: 9:57am On Jun 08, 2023
Come and take 10% na
Thunder fire you.

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Enskynelson(m): 9:58am 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.
Tinubu is smart, no doubt and many of us are positive he will bring the desired change.
This bill was signed by ex-PMB. This is not Tinubu idea yet though.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Ohislee(m): 9:58am 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.

Repeating a lie a million times would not make it truth. Just said I should remind you.

Tinubu has no certificate and Peter Obi graduated with a second class lower.

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Tflex01: 9:59am On Jun 08, 2023
BrownSugq:

He will not be there for long

I agree with you.

8 years is such a short time. grin
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by spencekat(m): 10:03am On Jun 08, 2023
TemplarLandry:
Way to go!
This govt seems to be alive to modern-day realities.
It was done by Buhari
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Iluvmycontr3: 10:04am On Jun 08, 2023
lwisee:

So that's what it means to you.

Bros you dulll small oooo 🤔

Instead of him to learn what he didn't know or how his mates are making money, he's there saying rubbish. When exactly did pres. Tinubu say that?
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by eteebanky1: 10:04am On Jun 08, 2023
With this news, there is no way CBN won't devalue the Naira........P2P on binance can be so stressful.......thank God for this update
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Splendor27: 10:04am On Jun 08, 2023
jmoore:

Tinubu can turn cocaine to money. It is on record he forfeited 460,000 dollars to USA government, which were proceeds of drug trafficking.

For a 'first class' accountant to say 'na statistics we go chop?' during campaign shows how ignorant he is to downplay the importance of statistics.
Calling philosophy a shitty course is a proof of ignorance. Martin Luther King jnr, Thomas Jefferson, George Soros studied philosophy.
oga no vex ooo,what your point exactly...
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by DaveHarry(m): 10:06am On Jun 08, 2023
A very necessary decision for the Nigerian economy; I said it before Tinubu will work wonders. just dey look for there
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by DaveHarry(m): 10:08am On Jun 08, 2023
Ohislee:


Repeating a lie a million times would not make it truth. Just said I should remind you.

Tinubu has no certificate and Peter Obi graduated with a second class lower.
You should stop the comparison. BAT is way up above PO in political administration and economic awareness.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by millionboi2: 10:11am On Jun 08, 2023
flokii:
By the time Tinubu is done fixing our economy.. even his worst haters will bow.

A first class material over a third class kick and start candidate any day.
tell him to open boarder
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by kioski: 10:12am On Jun 08, 2023
Too late...😂 Guys have sought other ways to continue their crypto trading long before the ban. Now, the government needs money and they want to lift the ban and tax crypto 😂😂. So, who was doing who?
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by symbianDON(m): 10:13am On Jun 08, 2023
TemplarLandry:
Way to go!
Our govt seems to be alive to modern-day realities.
the bill was signed into law by buhari not tinubu
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by IMASTEX: 10:17am 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
This is why I was laughing at some people's ignorance when they were solely blaming the CBN governor for the Naira redesigning policy. They forget he is just an employee who must take orders from his boss. And irrespective of how sound his opinion might be, once his boss has a different view even with his weak brain. Then he can't have his way. Unfortunately, Nigerians don't resign because most only care about the pay.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by sonymax16(m): 10:24am On Jun 08, 2023
Don't mind them.....yeye govt.Let them come and collect 10% tax from me.... nonsense
kioski:
Too late...😂 Guys have sought other ways to continue their crypto trading long before the ban. Now, the government needs money and they want to lift the ban and tax crypto 😂😂. So, who was doing who?
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by millionboi2: 10:25am On Jun 08, 2023
Omoapena:
I'm sensing BAT is planning to make Tony elumelu CBN governor..
lol tony is too big for that post.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Kingofhoes: 10:25am On Jun 08, 2023
kenny714433:
Oh! So they even banned it 😂
Tell me what I don't understand. Maybe I've been trading crude oil these while and not crypto..

🤡🤡

It's misinformation on the path on and the blogger. They never banned crypto. Instead what was banned was banks facilitating crypto currency based transactions
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by millionboi2: 10:26am On Jun 08, 2023
eteebanky1:
With this news, there is no way CBN won't devalue the Naira........P2P on binance can be so stressful.......thank God for this update
And risky
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by millionboi2: 10:27am On Jun 08, 2023
DaveHarry:
A very necessary decision for the Nigerian economy; I said it before Tinubu will work wonders. just dey look for there
he should open border.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by sprints1: 10:30am On Jun 08, 2023
When will African leaders have sense and know that tax is not the answer to our problems. Tax people to do what with the money nothing. Reduce tax import and exise duty and encourage more foreign investors watch how our economy will grow substantially. Mumu government
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by tamdun: 10:31am On Jun 08, 2023
CodeTemplar:
This is what the hateful herder should have done. Same ministers under him but different direction in policy and strategy.

Any business with no immediate or imminent prospect of Islamic and Fulani domination is bad to him .
U guys must bring Islam to everything,is yar'adua not a muslim?
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by tamdun: 10:31am On Jun 08, 2023
CodeTemplar:
This is what the hateful herder should have done. Same ministers under him but different direction in policy and strategy.

Any business with no immediate or imminent prospect of Islamic and Fulani domination is bad to him .
U guys must bring Islam to everything,is yar'adua not a muslim,is Tinubu not a muslim...
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by mmsen: 10:38am On Jun 08, 2023
saintjimos:
So why banned it In the first place

What ban? Did anybody notice any ban?

Will anybody notice this attempt at taxation?
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by DaveHarry(m): 10:42am On Jun 08, 2023
millionboi2:
he should open border.
Opening of border is not same as opening an estate gate o. One step at a time. He will reopen the borders soon. Calm pressure hear
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Earnmoreprofit(m): 10:43am On Jun 08, 2023
Nice
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by PPIA: 10:44am On Jun 08, 2023
lwisee:

So that's what it means to you.

Bros you dulll small oooo 🤔
Says someone who lacks a sense of humor.
Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by rajiedreez: 10:48am On Jun 08, 2023
The previous ban already served its purpose

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