Bitcoin News / Bitcoin.com - 8 months ago
The promise of the blockchain and cryptocurrency still remains strong. Globally, there continues to be growing interest in the blockchain and peer-to-peer exchanges. We are seeing the institutional adoption of crypto and a rise in interest in retail...
Bitcoin News / Google News Bitcoin - 8 months ago
Report: Nigerian Government Imposes $10 Billion Fine on Binance – Africa Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 8 months ago
The Nigerian government has reportedly slapped the cryptocurrency exchange Binance with a $10 billion fine. According to a Nigerian government official, Binance is being punished for causing the local currency’s recent plunge against major curr...
Bitcoin News / Bitcoin.com - 8 months ago
Bayo Onanuga, a special adviser to the Nigerian president, has leveled accusations against Binance, blaming it for exacerbating the local currency’s depreciation against major currencies. Onanuga called for immediate action against Binance, warning t...
Bitcoin News / Bitcoinist - 8 months ago
On Friday, Nigeria levied a $10 billion fine against Binance, the leading global crypto exchange, citing allegations that the platform has played a pivotal role in devaluing the Nigerian currency. According to an exclusive report by BBC, this move co...
Cryptocoins News / Blockchain - 8 months ago
Nigerian government demands $10 billion from Binance, alleging cryptocurrency exchange's activities have adversely affected the Naira and the country's economy. (Read More)
by COINS NEWS - 8 months ago
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by COINS NEWS - 8 months ago
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Cryptocoins News / Blockchain - 8 months ago
CBN reveals $26 billion transacted through Binance Nigeria from unknown sources, raising concerns amid naira's decline and increasing regulatory actions. (Read More)
Bitcoin News / Bitcoin.com - 8 months ago
Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency exchange...
Cryptocoins News / Finance Magnates - 8 months ago
Two senior executives at Binance have been detained in Nigeria as the country intensifies its efforts to curb speculation on its currency, the Financial Times reported. This move followed Nigeria's recent ban on several cryptocurrency trading website...
Bitcoin News / Bitcoin.com - 8 months ago
Coinbase CEO Brian Armstrong has dismissed reports of his cryptocurrency exchange being blocked by Nigerian authorities. He emphasized that Coinbase products are fully operational in Nigeria without any interruptions. “We have not received any...
Bitcoin News / Bitcoinist - 8 months ago
Coinbase, a prominent crypto exchange headquartered in the United States, has debunked allegations that it was instructed by the Nigerian government to prevent its citizens from using its crypto trading services. The denial came directly from Coinbas...
Bitcoin News / Bitcoinist - 8 months ago
To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase. According to a local media report, the African country has asked...
Bitcoin News / Bitcoin Magazine - 8 months ago
Nigeria has taken drastic measures in to attempt to stabilize its plummeting national currency, the naira, by blocking access to major cryptocurrency exchanges, reported the Financial Times. This move comes as the Nigerian government attempts to crac...
Bitcoin News / Google News Bitcoin - 8 months ago
Nigeria Blocks Access To Coinbase, Binance and Kraken As Naira Falls To Record Lows& & Bitcoin Magazine
Cryptocoins News / Finance Magnates - 8 months ago
Bayo Onanuga, an adviser to Nigeria’s President Bola Tinubu on information and strategy, has ignited a contentious debate by calling for a ban on cryptocurrency trading platforms including Binance, KuCoin, and others within the country.Onanuga Urges...
Bitcoin News / Bitcoin.com - 8 months ago
Some Nigeria-based users of Binance’s peer-to-peer platform have blasted the crypto exchange’s decision to block or remove traders quoting USDT to naira exchange rates exceeding NGN1,802. Binance says it has the right to remove ...
by COINS NEWS - 8 months ago
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Bitcoin News / Bitcoin.com - 8 months ago
Vella Finance, a Nigerian fintech startup, was recently bought by the microfinance bank Carbon. The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses. New Business to Leverage Artificia...
Bitcoin News / Bitcoin.com - 9 months ago
In the first month of 2024, Nigeria’s headline inflation rose from nearly one percent to 29.9%. However, on a year-on-year basis, the January 2024 headline inflation rate was 8.08 percentage points higher than the January 2023 rate. Many commen...
More / Bitcoin Reddit - 9 months ago
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More / Bitcoin Reddit - 9 months ago
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Bitcoin News / Bitcoin.com - 9 months ago
Nigeria must fully regulate crypto activities if it wants to curb financial crimes associated with digital assets, a forensic expert has said. The co-founder of A&D Forensics also called on Nigeria to enact laws that would mandate banks to vet se...
Cryptocoins News / Blockchain - 9 months ago
Adedeji Owonibi advocates for Nigerian cryptocurrency regulation to combat financial crimes and ensure the industry's security and scalability, addressing the complexities of tracking illicit transactions. (Read More)
