Africa

Binance to stop transactions in Nigeria

today6 March, 2024

Background

Binance, the world’s largest cryptocurrency exchange, is ending all transactions and trading in Nigeria’s local currency after 8 March 2024. This after Nigeria clamped down on the global crypto exchange, blaming it for feeding a black market for foreign exchange. Ajeck Mangut reports from Abuja.

Written by: Tonata Kadhila

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