Binance Discontinues All Services for Nigerian Naira After Employees Detained by Government and Threatened With Fine

Binance, the world’s largest crypto exchange by trading volume is discontinuing support for the largest economy in Africa’s national currency. Late last week, the government of Nigeria demanded nearly $10 billion from Binance, alleging that the crypto exchange manipulated the exchange rate of its fiat currency. According to local reports, the Nigerian government slapped Binance with...

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