Business Developer || Techpreneur || Defi || Web3 Advocate || NFT || Real Estate. Chairman: SiBAN Restoration Committee Co-founder/CEO @farmchainfinanc
Nigeria
Joined December 2011
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So #ethereum has finally become the worlds largest stablecoin 😂😂🤗🤗
They’re lying.
Tether isn’t the largest stablecoin.
Ethereum is.
And here’s the proof:
ETH – April 2021 – $2300
ETH – May 2021 – $2300
ETH – June 2021 – $2300
ETH – April 2022 – $2300
ETH – May 2022 – $2300
ETH – June 2022 – $2300
ETH – April 2023 – $2300
ETH – May 2023 – $2300
ETH – June 2023 – $2300
ETH – Aug 2024 – $2300
ETH – Sep 2024 – $2300
ETH – Oct 2024 – $2300
ETH – April 2025 – $2300
ETH – June 2025 – $2300
ETH – July 2025 – $2300
ETH – Feb 2026 – $2300
Same number.
Different years.
Meanwhile…
USDT market cap: $180B
Ethereum market cap: $300B+
One tracks the dollar.
One powers the entire crypto economy.
Tell me again which one is really “stable”?
#Bitcoin #ethereum #Tether
FROM GATEKEEPERS TO OWNERS: The New African Economy 🌍
The shift is happening right before our eyes. We are moving from a world of centralized gatekeepers to a world of individual ownership.
In the traditional system, your financial freedom was often determined by a middleman. In the Web3 era, your sovereignty is determined by your keys and your code. But as we embrace this decentralization, we must face a sobering truth: A revolution without a foundation is just a moment; a revolution with a foundation is a legacy.
To make the 'Internet of Value' sustainable in Africa, we must prioritize two things:
1️⃣ Foundations of Trust: We must build tools that are secure, audited, and transparent. The African user deserves tech that protects their hard-earned value.
2️⃣ Regulatory Clarity: We shouldn't run from regulation; we should engage with it. Clarity is what allows the small startup to grow into a national infrastructure. It’s the bridge that allows institutional capital to flow into our local innovations.
We are building the future, but let’s build it to last. 🏗️
How are you building trust into your Web3 journey today? Are you focusing on security, engaging with legal frameworks, or educating your community?
Let’s share some best practices below! 👇
#Web3Africa #DigitalSovereignty #CryptoCompliance #BlockchainInfrastructure #TechLeadership #FintechAfrica
FROM GATEKEEPERS TO OWNERS: The New African Economy 🌍
The shift is happening right before our eyes. We are moving from a world of centralized gatekeepers to a world of individual ownership.
In the traditional system, your financial freedom was often determined by a middleman. In the Web3 era, your sovereignty is determined by your keys and your code. But as we embrace this decentralization, we must face a sobering truth: A revolution without a foundation is just a moment; a revolution with a foundation is a legacy.
To make the 'Internet of Value' sustainable in Africa, we must prioritize two things:
1️⃣ Foundations of Trust: We must build tools that are secure, audited, and transparent. The African user deserves tech that protects their hard-earned value.
2️⃣ Regulatory Clarity: We shouldn't run from regulation; we should engage with it. Clarity is what allows the small startup to grow into a national infrastructure. It’s the bridge that allows institutional capital to flow into our local innovations.
We are building the future, but let’s build it to last. 🏗️
How are you building trust into your Web3 journey today? Are you focusing on security, engaging with legal frameworks, or educating your community?
Let’s share some best practices below! 👇
#Web3Africa #DigitalSovereignty #CryptoCompliance #BlockchainInfrastructure #TechLeadership #FintechAfrica
We are live, discussion a very critical issue concerning our entire web3 and VASPs ecosyatem in Ngeria.
@SECNigeria
xitter.cf/i/spaces/1dRKZaNdbpQxB
We are in the 'dial-up' phase of blockchain. The greatest protocols and platforms of the next decade are being written right now by those brave enough to be early.
Remeber the sound of a dial-up modem? 📟 It was slow, frustrating, and limited—yet it was the birth of the digital age.
I remeber in the late 90s, when we have to go to telecom stations to reach out to loved ones, it was so hectic. We had to travel some distance, stay in a long queue to get to your turn (oh, how frustrating). But today we can just stay at the comfort of our homes and at any given time to speak to our loved ones.
Blockchain in Africa is currently at that same threshold. We are moving past the 'speculation phase' and into the 'infrastructure phase.' The clunky wallets and high gas fees we see today are just the 'dial-up noise' before the broadband revolution.
Why is this the best time to be a builder in Africa?
Because for the first time, we aren't just consumers of global tech; we are the architects.
We are building the protocols that will power:
✅ Peer-to-peer energy grids in local communities.
✅ Decentralized agricultural insurance for our farmers.
✅ Transparent land registries that eliminate title fraud.
The giants of 2030 are being registered as DAOs and startups today. If you have the courage to build while the tech is still 'early' and 'difficult,' you aren't just getting a job—you’re building a legacy.
🚀 The Future is Under Construction:
If you could 'tokenise' one thing in your country to make it more efficient—land, local currency, or even university degrees—what would it be?
Let’s talk in the comments! 👇
#Web3Africa #BuildingTheFuture #BlockchainInnovation #RWA #TechFounders #EarlyAdopters
In a decentralized world, ‘Code is Law,’ but in the physical world, legal frameworks still apply. Always consult with legal experts before launching a tokenized economy.
As we build the future of the African digital economy, we must respect a hard truth: Smart contracts do not replace the legal system.
The phrase 'Code is Law' is powerful. It means trustless execution and transparency. But when we tokenize Real-World Assets (RWA)—like Nigerian real estate, Kenyan agriculture, or South African startups—we are interacting with physical laws, land registries, and national regulators.
Across Africa, from the SEC in Nigeria to the FSCA in South Africa, the 'wait and see' era is over. Regulators are moving toward clarity. For builders, this is a good thing! Compliance isn't a barrier to innovation; it is the bridge to mass adoption. If we want institutional capital to flow into African Web3 projects, we must build on a foundation of legal legitimacy.
Don't let a 'move fast and break things' mentality lead to legal hurdles that could have been avoided with a single consultation. Build for the long term. Build with integrity.
⚖️ Let’s talk about the 'Legal-Tech' balance:
How do you think African regulators can better support Web3 startups without stifling innovation? Should we have more 'Regulatory Sandboxes'?
Share your thoughts below! 👇
@FinPlanKaluAja1 @instablog9ja
@SenatorIhenyen
@SECNigeria @NigeriaStories @Uptota_Official
#CryptoCompliance #Web3Africa #Tokenization #BlockchainLaw #RegTech #FounderTips"
BREAKING: Nigeria has introduced a new cryptocurrency taxation framework under the Nigerian Tax Administration Act (NTAA) 2025, coming into full effect in 2026.
The law brings digital assets into the official tax system by linking crypto transactions to Tax Identification Numbers (TINs) and National Identification Numbers (NINs), marking a major step toward formalizing the rapidly growing crypto market.
Golomo, Stanley® retweeted
How regulation could silently reshape DeFi in 2026 in Nigeria
People often say that DeFi is “borderless and unstoppable.”
The truth? Regulation has a way of reshaping it quietly, without bans or headlines.
Let’s talk about Nigeria in 2026—a front-row seat to how rules can silently change DeFi 👇
1/ Quick context:
Nigeria has one of the largest crypto communities in Africa (~32M users).
Banks can’t touch crypto exchanges directly, but users still need fiat on/off ramps to actually interact with DeFi.
So even in a “permissionless” world, local regulation matters.
2/ Risk #1: Fiat bridges
Most people convert crypto ↔ NGN through exchanges or PSPs.
If regulators tighten control here:
•Access to liquidity drops
•Users have to move to P2P networks or offshore platforms
Effect: DeFi activity becomes fragmented, informal, and harder to measure
3/ Risk #2: AML/KYC pressure
Even “decentralized” protocols feel this through banks, PSPs, and stablecoin issuers.
New rules could require:
•Real-name verification for lending or staking
•Reporting cross-border transfers above certain thresholds
Result: Users avoid compliant platforms, slowing mainstream adoption—DeFi still exists, just “under the radar”
4/ Risk #3: Taxation of yields
Nigeria’s FIRS is looking at taxing crypto earnings, including staking and yield farming.
•Retroactive reporting could hit everyday users
•Micro-yields become unattractive
Effect: People stop participating in governance, and networks lose local engagement
5/ Risk #4: Token classification
Some DeFi tokens could legally be securities.
•Nigerian users might get blocked
•Protocols may restrict wallets tied to Nigeria
Hidden effect: Local governance influence fades, decisions move offshore, and the social fabric of DAOs shifts
6/ Risk #5: Stablecoin scrutiny
Stablecoins like USDC or USDT make DeFi usable for NGN users.
•Regulators may limit usage to curb currency flight
•People turn to peer-to-peer solutions
Effect: Liquidity fragments, trading gets frictioned, and adoption slows
7/ Risk #6: Lending and credit products
Crypto lending platforms may face licensing or compliance requirements.
•Microloans and P2P lending shrink
•Users who relied on DeFi for financial inclusion feel the pinch
Impact: The ecosystem slowly adapts around compliant paths, changing user behavior
8/ The bigger picture
Regulation doesn’t have to ban DeFi to reshape it:
•Liquidity migrates offshore
•Governance power shifts
•Users adopt shadow patterns
Protocols get redesigned to play nice with regulators, often at the cost of openness
9/ Opportunities
Nigeria’s regulatory pressure could actually spark innovation:
•Layer-2 solutions that minimize bank touchpoints
•Stablecoins pegged to NGN
•P2P lending DAOs to preserve access to credit
•Compliance-friendly wallets that keep users in the ecosystem
•Cross-border remittance hubs that stay efficient but legal
10/ Bottom line:
Regulation quietly changes how DeFi works, not whether it exists.
•Where liquidity lives
•Who participates in governance
•How users interact with fiat
Nigeria is showing the blueprint for other emerging markets: adapt or get left behind.
11/ Your thoughts:
How can DeFi in Nigeria stay truly decentralized while navigating this regulatory landscape?
Are there governance or design hacks that keep participation alive without breaking the law?
Let’s discuss!
Nigeria Sets New Rules for Crypto Taxation in 2026
Nigeria has introduced a new cryptocurrency taxation framework under the Nigerian Tax Administration Act (NTAA) 2025, coming into full effect in 2026.
The law brings digital assets into the official tax system by linking crypto transactions to Tax Identification Numbers (TINs) and National Identification Numbers (NINs), marking a major step toward formalizing the rapidly growing crypto market.
All cryptocurrency transactions must now be tied to verified identities, and Virtual Asset Service Providers (VASPs) such as exchanges and brokers are required to register with tax authorities, conduct strict KYC checks, and report monthly transaction data.
Records of customers and transactions must be kept for at least seven years, and large or suspicious transactions must be reported to the Nigerian Financial Intelligence Unit (NFIU). Non-compliance can lead to fines up to ₦10 million or license revocation.
Rather than monitoring blockchain activity directly, the government will rely on VASPs to track crypto activity. This approach allows oversight while preserving blockchain security and aligns Nigeria with global standards such as the OECD’s Crypto Asset Reporting Framework (CARF), placing the country within the international crypto compliance system.
Nigeria remains one of the fastest-growing crypto markets in the world, with transaction volumes totaling an estimated $92.1 billion between July 2024 and June 2025. Even partial taxation of this activity could generate substantial revenue, supporting the government’s goal of raising the tax-to-GDP ratio from below 10% to 18% by 2027 and reducing reliance on oil revenues.
Overall, the Nigeria Crypto Tax Law 2026 creates a transparent and enforceable framework linking digital assets to real-world identities. It is likely to strengthen market credibility, encourage formalization, and support long-term growth, reshaping the country’s cryptocurrency landscape while boosting government revenue.
"The barrier to entry in Web3 is not a degree; it is curiosity. If you can understand the problem, you can build the solution. Your seat at the table is waiting."
A thread👇👇
#Web3Africa #BlockchainForGood #AfricanInnovation #TechForImpact #BuildInWeb3 #Decentralization
ALT WEBS ACCESS CONFIRMED ✅
Whether it’s high remittance fees, the urgent need for financial inclusion, or creating verifiable digital identities, the most impactful solutions are being built by those who understand the local context intimately.
#Africa isn't waiting for permission; we're leapfrogging antiquated systems. We're building on-chain resumes, leveraging permissionless learning, and creating real solutions that address our unique challenges. Your cultural insight combined with Web3 tools is your superpower
Representing @Uptota_Official Live at the ongoing #Compliance Summit day 1, hosted by @SECNigeria / Nigerian Capital Market Institute. Looking forward to a very fruitful and enlightening session.
@gian_uptota
@AndreasUptota
@Stanley4uptota
#Compliance #blockchain #cryptocurrency
Golomo, Stanley® retweeted
Bridging the Gap: VASPA will connect the African Continent in the Virtual Asset Space
Join us tomorrow via X Space by 11am (WAT). Register here: xitter.cf/i/spaces/1mnGegXDrOrxX
Greetings @wemabank I'm reporting this account to you, cos the account has been defrauding people. He has been going about hacking peoples WhatsApp and using this account to extort money from people.
Adekanle Johnson
8548652466
WEMA BANK
Please investigate and act swiftly.
Golomo, Stanley® retweeted
$SHD just smashed another ATH. What exactly are you waiting for ?? 🚀 🚀 🚀
When you think about wealth, then you should think about getting some $SHD.
dexscreener.com/solana/GuJbM…
Contract address
A9477G4T2XHeNHxcedArwMg5X3n6wfAMQmzdacSfpump
Let's get it up 🔥 🔥 🔥