Nigeria slaps Binance with $10 billion fine in crypto crackdown Days after arresting two executives, Nigerian authorities cranked up the pressure on Binance by imposing a $10 billion fine.
Binance executives held in Nigeria amid probe into alleged market manipulation Nigerian authorities have detained two unidentified executives from cryptocurrency exchange Binance as part of a market manipulation investigation. In response, Binance has halted trading of the Nigerian naira (NGN) against Bitcoin (BTC) and Tether (USDT) on its platform
Breaking: Binance Nigeria processed $26 billion in 2023, says CBN Governor In 2023, Nigeria's central bank governor disclosed that Binance Nigeria processed $26 billion in transactions with sources that remain unidentifiable.
Binance CEO CZ is the latest crypto boss found wanting by U.S law Changpeng Zhao who served as the CEO of Binance has resigned from his position and has plead guilty to several infractions raised by the Department of Justice and other U.S. agencies.
"Binance operations in Nigeria are illegal," SEC reiterates Over a month after its circular banning the operations of Binance, the Securities and Exchange Commission (SEC) on Friday reiterated that the operations of the global crypto exchange are illegal in Nigeria.
7 crypto-trading apps for Africans These apps allow African payment method and provide learning materials for crypto enthusiasts who want to delve into the cryptocurrency space.