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Binance Responds to Nigerian Ban Amidst Rising Crypto Adoption

source-logo  coingape.com 13 March 2024 22:10, UTC

In response to escalating tensions with Nigerian authorities, Binance has just recently come up with its response to clarify their former collaborations and the current stance of the best practices adherence to the regulatory of governments in the country. The unveiling of this news will be against a backdrop of records that the Nigerian government filed against cryptocurrency exchange, regarding the claim that the latter was involved in currency manipulation thus, causing economic instability. This crisis arose from the platform used in crypto exchange transaction which the country is popular for fast-growing digital currency market.

coingape.com