- Sources have said that the FG will block the cryptocurrency exchange, Binance, and other similar platforms
- This occurred after the naira reached its all-time low, climbing above N1,800 in the black market on Tuesday, February 21
- This comes a few months after the Securities and Exchange Commission issued a disclaimer of the platform’s operations
Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.
The Nigerian government is contemplating blocking the online platforms of Binance and other cryptocurrency companies to prevent alleged manipulation of the foreign exchange market and illicit financial transfers, PREMIUM TIMES has reported.
