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RE: VERY CONCERNING NEWS: What does new BAN ON CRYPTO means for Nigerian users?
I hope they realize there is no controlling crypto even with bans. The best thing to do is add some regulations on top of it and try to control the seedier elements.
Indeed @numpypython
Regulations would help everyone. And wouldn't it be best for them to collect taxes from this activity, instead of pushing in into "grey zone" ?
cheers,Piotr
Exactly. Now it goes into a grey zone where people who are going to use it, are still going to use it and the state doesn't benefit from the tax revenues. Also, the country won't be able to develop their own capabilities since its illegal.