
Binance has asked prime brokers to run more stringent checks to keep US investors off its crypto exchange, sources say https://t.co/cZMLLqBY9c
Binance has asked prime brokers to run more stringent checks to keep US investors off its crypto exchange, sources say https://t.co/T3OSQIGn8P
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Two Binance executives, one American and the other British, are currently detained in Nigeria as the country seeks to impose a $10 billion fine on the cryptocurrency exchange. This situation has escalated as the Nigerian Federal High Court has ordered Binance to release details of all Nigerian users to the country's anti-corruption agency amidst a worsening crisis. Additionally, Binance is reportedly tightening its compliance measures by requesting prime brokers to conduct more stringent checks to prevent US investors from accessing its crypto exchange.