Binance announces plans to align with FG’s dollar-naira trading regulations

This fresh update was made via the platform’s website in a statement titled “Commitment to P2P users in Nigeria”. The platform threatened to go after and remove suspicious users behaving in a manipulative way from the platform.

As industry leaders, We are working hand in hand with local authorities, lawmakers, and regulators to ensure we act on non-compliance.’’

We are dedicated to providing a market-driven, fraud-free, and manipulation-free platform for users. We take our responsibility to protect users very seriously. To be clear: if users are behaving in a malicious or manipulative way, they will be removed from the platform.” the statement said.