Binance’s woes in Nigeria spiral as detained exec’s family appeal for US intervention
Nigeria crackdown on Binance continues with the arrest of two top officials and shutdown of the exchange following allegations of human rights violations.
Nigeria crackdown on Binance continues with the arrest of two top officials and shutdown of the exchange following allegations of human rights violations.
Godwin Emefiele was dismissed by the new president 10 days after his administration took over and has been held by the police for questioning since then.
Some say the tax is an endorsement and legal recognition by the Nigerian government, but others say the tax is too high and could milk the nascent industry dry.
Bola Tinubu takes over from Muhammad Buhari who banned banks from servicing VASPs, and says he’ll do better and push for blockchain adoption in Nigeria.