Mar 5, 12:32 PM

Nigeria Demands Arrests of Binance Execs, Delists Naira; Binance to Exit Nigerian Market

Nigeria intensifies its crackdown on Binance, demanding arrests of executives and summoning them before the House of Representatives Committee. Binance delists Nigeria's naira under government scrutiny, leading to the discontinuation of all NGN-related services. Regulatory pressures force Binance to exit the Nigerian market, prompting users to convert their Naira balances to stablecoins like Tether's USDT to avoid automatic conversion.

#Nigeria #Binance #House of Representatives Committee #Nigerian #Naira #Tether

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