Binance Faces Regulatory Storm as Executives Detained in Nigeria: Report

Two senior executives at Binance have been detained
in Nigeria as the country intensifies efforts to curb speculation on its
currency, the Financial Times reported. This move followed Nigeria’s recent ban
on several cryptocurrency trading websites following the rapid devaluation of
the naira and soaring inflation rates.Cryptocurrency Crackdown in NigeriaNigeria’s crackdown on cryptocurrency exchanges
is due to a concern about the devaluation of the naira…
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