A timeline of Binance's troubles in Nigeria

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A timeline of Binance's troubles in Nigeria

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Binance's regulatory issues in Nigeria began with a 2021 ban on cryptocurrency transactions by Nigeria's central bank. The situation escalated with accusations of Binance facilitating the manipulation of the naira's value, leading to the suspension of its peer-to-peer trading and multiple government investigations and charges, including tax evasion and money laundering, significantly straining its operations in Nigeria.

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Publish date

04

Month
/

25

Day
/

2024

Year

12

:

00

am

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