2026-01-13 16:21:47

Nigeria is tightening cryptocurrency regulations with a new compliance requirement. Going forward, all crypto transactions will need to be linked to Tax Identification Numbers (TINs) and National Identification Numbers (NINs). This move marks a significant shift toward stronger regulatory oversight in Africa's crypto market, as authorities aim to enhance transparency and combat financial risks. The policy underscores the global trend of stricter KYC and AML standards in the digital asset space.

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SerumSquirrel

· 01-15 05:08

nah not nigeria doing the full kyc thing now... rip anonymous transactions fr

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AirdropHunter420

· 01-14 23:32

nah this tin/nin linking thing is gonna kill the whole vibe of crypto in africa fr fr

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BTCBeliefStation

· 01-13 22:45

The wave of regulation in Nigeria has truly arrived, and the crypto world is about to be hit again.

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MetaMaskVictim

· 01-13 16:51

Here we go again, it's never-ending... TIN and NIN binding, now privacy is completely gone.

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BrokenDAO

· 01-13 16:50

Another TIN+NIN binding is coming, sounds quite transparent... but the real issue is who supervises the supervisors at the execution level. Once the game equilibrium is broken, it cannot be restored.

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NFTArtisanHQ

· 01-13 16:46

the panopticon meets blockchain primitives... one might argue this is less about transparency and more about the state's attempt to assert sovereignty over the digital commons. fascinating case study in regulatory aesthetics, tbh.

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just_another_wallet

· 01-13 16:31

ngl, now on-chain privacy is really gone. Nigeria's move has forcefully pulled the entire African crypto ecosystem back into traditional finance...

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SignatureLiquidator

· 01-13 16:30

ngl Now Nigeria is really going to reveal all on-chain transactions, the binding of tin and nin is directly breaking defenses... I'm just worried that more and more countries will follow suit, and freedom will be gone.

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BTCRetirementFund

· 01-13 16:22

Here we go again. This set of things is the same all over the world. Regulatory authorities love to insert identity verification into transactions, claiming it's for transparency, but actually they just want to tie us all up...

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