Here's something worth thinking about — that ₦800,000 taxable income threshold for crypto traders. But wait, how exactly do authorities track when someone crosses that line? Especially when the trader never touches a Nigerian exchange, never links a local bank account, and completely bypasses domestic payment gateways. It's a genuine enforcement puzzle. The regulation exists on paper, sure, but the practical monitoring mechanism? That's where things get interesting. If all your trading happens on offshore platforms with no KYC tied to Nigerian identity, the threshold becomes nearly impossible to enforce. Makes you wonder about the real-world applicability of such policies.