Nigeria is tightening crypto compliance rules—all transactions now need to be tied to Tax IDs and National IDs. A significant regulatory move that's reshaping how the country approaches digital asset oversight. 👀
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BearEatsAll
· 01-13 22:17
This move by Nigeria is quite aggressive, directly linking tax ID and national ID to transactions, which makes the privacy space feel even smaller.
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SelfMadeRuggee
· 01-13 15:03
Nah fr, Nigeria is really about to lock down the freedom of crypto... Tax ID linked to transactions, it feels like it won't be possible to operate discreetly in the future.
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CryptoHistoryClass
· 01-13 15:02
ah, here we go again. statistically speaking, this is exactly how financial repression started in authoritarian regimes circa 1930s-1940s. tie everything to IDs, track every transaction, and boom—you've got yourself a surveillance state wrapped in compliance theater.
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OnchainSniper
· 01-13 15:02
ngl Now Nigeria is really going to make the on-chain system like a bank... What's the point of even playing then?
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BearMarketMonk
· 01-13 15:00
Nah, Nigeria is really taking crypto seriously now, with tax ID binding to transactions... It feels like on-chain freedom is about to be regulated.
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BlockchainNewbie
· 01-13 14:51
Nigeria's move is really tough, binding tax ID and ID card? Privacy, goodbye brothers
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GasFeeCrier
· 01-13 14:46
Nigeria's move is really aggressive, tying crypto transactions directly to tax ID cards, making it feel even harder to operate discreetly in the future.
Nigeria is tightening crypto compliance rules—all transactions now need to be tied to Tax IDs and National IDs. A significant regulatory move that's reshaping how the country approaches digital asset oversight. 👀