Alleged Money Laundering: Court Remands Binance Agent as EFCC Begins Trial  The Federal High Court sitting in Abuja, on Monday, has remanded Tigran Gambaryan, a representative of Binance Ltd at the Nigerian Correctional Service pending the determination of his bail application. The court also overruled the...

CBN Targets Cryptocurrency To End Naira Depreciation In response to the Nigerian government's increasing scrutiny of crypto businesses, Binance, the world’s biggest cryptocurrency exchange, has halted its operations in Naira. The decision came after authorities in Africa’s biggest economy imposed restrictions on cryptocurrency exchanges as part...

CBN Targets Cryptocurrency To End Naira Depreciation In response to the Nigerian government's increasing scrutiny of crypto businesses, Binance, the world’s biggest cryptocurrency exchange, has halted its operations in Naira. The decision came after authorities in Africa’s biggest economy imposed restrictions on cryptocurrency exchanges as part...

Binance Announces Exit from Nigeria, Ends Services in Naira   Binance will discontinue all services for Nigeria’s fiat currency, the naira, amid an ongoing regulatory conflict in the country. The crypto exchange will automatically convert naira balances to USDT from March 8 at 8:00 a.m. UTC but...

How $26bn was Diverted Through Binance in One Year – Cardoso The Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has said the apex is working with Securities and Exchange Commission (SEC) to ride the forex market of all illegalities. Cardoso said the...

India Regulates Cryptocurrency, Removes Binance From Google Play Store   The Indian government has taken stringent action against several cryptocurrency exchanges, notably impacting Binance, as users found themselves unable to access their crypto wallets, followed by the removal of Binance apps from the Google Play Store. The...