Crypto Blog
Nigerian authorities are urging Binance to provide details about its most prominent 100 users within the nation amidst a continued clampdown on the platform.
Bayo Onanuga, the presidential adviser on information and strategy, argued that Binance and other cryptocurrency platforms had manipulated the naira, significantly devaluing the local fiat currency. Onanuga also proposed prohibiting platforms like Binance from operating within the country. In a response on X, Binance expressed its commitment to fostering responsible crypto growth in Nigeria and reiterated its dedication to assisting its detained employees and their families.
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