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The IMF contends that through proper regulation and licensing, cryptocurrencies can provide Nigeria with tools for more secure and efficient transaction processes.

The government said Binance should respect the legal process instead of engaging in public relations maneuvers.

Binance CEO Richard Teng calls for the release of Tigran Gambaryan, a detained U.S. executive in Nigeria, denouncing the action as a dangerous new precedent and revealing bribe demands by Nigerian officials.

The Nigerian government have stepped up efforts to curb foreign exchange manipulation with the removal of Naira from P2P platforms.

The NSA's classification is expected to pave the way for new regulations banning P2P crypto trading, with an official announcement anticipated soon.

Marathon Digital confirmed that it is consulting for the Kenyan government over its crypto regulatory regime.

Nigeria CBN circular warned that traders "buying and selling USDT illegally" would be arrested.

Binance's legal battle in Nigeria has faced significant challenges, with the cout postponing proceedings twice.

Gambaryan argued that he shouldn't be held responsible for Binance's actions.

Binance's legal turmoil in Nigeria continues amid charges and executive detention.

Binance has asked the Nigerian government to release its other executive, Tigran Gambaryan.

The Nigerian government's tax evasion case against Binance is set to commence by April 4.

The Nigerian authorties have charged Binance with tax evasion.

The Nigerian government is currently pushing for another two weeks of detention for the Binance executives.

Binance's privacy terms show that it could share users' data with authorities for legal and regulatory compliance reasons.

Binance asserts support for Nigeria's fintech future in face of government scrutiny.

Binance said it is collaborating with the Nigerian authorities to free its detained executives.

Nigeria's SEC will introduce new stringent rules for the industry following its challenges with Binance.