crypto ban in nigeria
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Nigeria Nigerian Government Seeks Extension of Binance Officials' Detention Amid Currency Manipulation Allegations
In the latest twist to the ongoing saga involving cryptocurrency exchange platform Binance, the Federal Government has made a move to prolong the detention of two of its officials, Tigran Gambaryan and Nadeem Anjarwalla. The duo, consisting of a U.S. citizen and a British-Kenyan national, has... -
Nigeria Bitcoin's Remarkable Surge: Record-Breaking $71,000 High Sparks Investor Excitement
Bitcoin reached a new all-time high, surging past $71,000 on Monday, driven by increasing demand for the cryptocurrency. The rally is fueled by optimism regarding potential interest rate cuts by the Federal Reserve later this year. According to Bloomberg data, Bitcoin hit its peak at $71,432... -
Nigeria Bitcoin Surge to $60,000 Leaves Nigerians With Mix Emotions Over Government Clampdown
Bitcoin soared to a new all-time high of $69,200 on Tuesday, driven by a surge in value since US regulators greenlit spot Bitcoin exchange-traded funds (ETFs) in January. The approval by industry giants like Fidelity and BlackRock led to an influx of more than $7.5 billion into the newly... -
Nigeria Binance's Exit from Nigeria Sparks Diverse Reactions in Crypto Community
The cryptocurrency landscape in Nigeria is facing a seismic shift as Binance, a global crypto exchange giant, announces its departure from the market, ceasing services in the local currency. This unexpected development has triggered a cascade of reactions within the local crypto community... -
Nigeria Nigeria's Crypto Exodus: Binance Ceases Naira Services, Triggers Market Disruption
Binance, one of the world's leading cryptocurrency exchanges, has announced the discontinuation of all services for Nigeria's fiat currency, the naira. The move comes amidst a growing regulatory conflict in the country, signaling a significant shake-up in the cryptocurrency landscape within... -
Nigeria Binance Ban: Government Spokesman Onanuga Warns Nigerians Platform Could Destroy THE ECONOMY
Amidst growing concerns over the impact of cryptocurrency trading on Nigeria's economy, Presidential spokesman Bayo Onanuga has issued a stern warning against the popular exchange platform Binance, alleging its potential to dismantle the country's financial stability. Speaking on a televised... -
Nigeria Nigerian Crypto Fans Dismayed as Government Blocks Binance, OctaFX, Coinbase, and Others
Nigerian government has taken measures to block online platforms, including Binance, OctaFX, Coinbase, and others. The decision aims to curb what the government perceives as continuous manipulation of the forex market and illicit movement of funds. Reports suggest that the Nigerian...
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