Binance Faces Regulatory Storm as Executives Are Arrested in Nigeria: Report
Binance Executives Arrested
Binance, a leading cryptocurrency exchange, has made headlines with the arrest of two senior executives. Nigeria is also in the spotlight for its efforts to curb speculation in the country, as reported by the Financial Times.
The crackdown on cryptocurrency exchanges in Nigeria is a response to concerns over rapid devaluation and follows the recent ban on cryptocurrency trading. This has led to a number of traders dumping their cryptocurrencies.
