Onanuga charges EFCC, CBN to clampdown on Binance, Aboki Fx, crypto platforms over naira’s falling value

The Special Adviser on Information & Strategy to President Bola Tinubu, Mr Bayo Onanuga has called on the Economic and Financial Crimes Commission (EFCC) and the Central Bank of Nigeria (CBN) to move against platforms trying to manipulate the naira through crypto exchange platforms which are in turn contributing to the falling value of the naira.

He opined that platforms such as Binance, Aboki FX, Kucoin, Bybit and others should not be allowed to operate in the country’s cyberspace.

Onanuga gave the advice in a post he shared on his X (formerly Twitter) handle on Wednesday. He also suggested that Crypto channels should be banned in the country, otherwise, “this bleeding of our currency will continue unabated”.