What's your take on the recent kucoin regulations

[Smilez]

Could this be a sign of the Nigerian government finally embracing cryptocurrency? Despite their previous efforts to ban P2P transactions and restrict crypto usage, I was surprised to learn that Kucoin will start imposing a 7.5% VAT on transaction fees for Nigerian users from July 8th, 2024. 

This move comes after the ban on P2P transactions, which leaves me wondering what's behind this decision. Is the government planning to lift the ban once they start collecting fees from Kucoin? I'd love to hear your thoughts on this development. Please share your insights!