
Nigeria claims Binance’s bribery allegations are ‘blackmail’
The government said Binance should respect the legal process instead of engaging in public relations maneuvers.
Latest updates on crypto innovation, adoption, and regulation across Africa’s growing digital asset ecosystem.
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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.




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