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Home Economy Digital Assets

DEVELOPING STORY: Binance Detained in Nigeria, Passports Seized

by Techeconomy
March 1, 2024
in Digital Assets
0
Nuhu Ribadu and Binance
Nuhu Ribadu, National Security Adviser (insert: Binance app)

Nuhu Ribadu, National Security Adviser (insert: Binance app)

UBA
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Nigeria’s renewed crackdown on cryptocurrency has opened a new chapter with the country going after senior executives at Binance.

Two executives of the crypto platform who flew to Nigeria following the country’s recent restriction on several cryptocurrency trading websites have been detained by the office of the country’s National Security Adviser (NSA) and their passports seized, according to a report by Financial Times.

This confirms recent allegations that the country may be going after crypto traders in its effort to rein in currency speculators (Source: Financial Times).

Read further here…

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    Techeconomy

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