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The Gary Gensler of Nigeria is leading the charge to ban peer-to-peer crypto across the country. “Recent concerns regarding crypto P2P traders and their perceived impact on the exchange rate of the naira has underscored the need for collective action.” Crypto capital controls.… https://t.co/zco8vISgSt
Nigeria rejects Binance CEO's bribery claim as 'diversionary tactic' https://t.co/p5RCTVmdxy https://t.co/sDgaH0JqKR
I believe Binance more than I believe the Nigerian government. $150 million government bribe. This is why we crypto. https://t.co/WQO3KpwfI9
Binance CEO Richard Teng has accused unnamed Nigerian officials of attempting to settle serious allegations against the cryptocurrency exchange with a secret $150 million crypto payment. This claim has been met with strong denials from the Nigerian authorities, who have labeled the allegations as a 'diversionary tactic' and an 'act of blackmail.' The controversy arises amidst Nigeria's moves to ban peer-to-peer crypto trading in naira, citing concerns over its impact on the exchange rate.
