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Tag: Africa

Report: Nigerian Government Imposes $10 Billion Fine on Binance

March 2, 2024 wp-bot Bitcoin News

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

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Nigerian Presidential Adviser Assails Binance, Calls for Measures Against the Crypto Exchange

March 2, 2024 wp-bot Bitcoin News

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.

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Global BTC Trading App Strike Launches ‘First Fully-Featured Region Outside the US’

February 29, 2024 wp-bot Bitcoin News

The fiat and bitcoin payments app, Strike, has launched its “first fully-featured region outside the U.S.” According to Jack Mallers, the founder and CEO of

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Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation

February 28, 2024 wp-bot Bitcoin News

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

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FATF Grey Listing Concern Prompts Kenya to Establish a Crypto Working Group

February 23, 2024 wp-bot Bitcoin News

The fears that Kenya’s lack of a regulatory framework for overseeing the crypto industry has prompted the government to establish a working group tasked with

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Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions

February 21, 2024 wp-bot Bitcoin News

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

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Blockchain
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