Tag: Binance
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BREAKING: Binance stops Naira services as legal dispute deepens
Binance, the world’s largest cryptocurrency exchange, has announce its plans to stop all its Naira services from March 8 amid the company’s regulatory troubles in Nigeria, the company shared in a statement on its app.
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Why our CEO cannot come to Nigeria – Binance
Binance has told the Nigerian House of Representatives that its Chief Executive Officer (CEO), Richard Teng cannot come to the country.
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Reps move to issue arrest warrant against Binance CEO
The House of Representatives Committee on Financial Crimes has recommended the arrest of the Chief Executive Officer of Bianace Holding Ltd over alleged tax invasion and money laundering in Nigeria. The recommendation followed a motion by Rep. Isah Dogonyaro (APC- Jigawa state) at a public hearing on Monday in Abuja.
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BREAKING: Reps summon Binance CEO over tax dollars
The Nigerian House of Representatives has summoned the Chief Executive Officer (CEO) of Binance Holding Limited, Richard Teng to appear before the House Committee on Financial Crimes.
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FG hits Binance with $10bn fine over FX crisis
The cryptocurrency trading platform, Binance, has been hit with a $10 billion fine by the federal government of Nigeria for allegedly impacting the nation’s forex crisis. Bayo Onanuga, special adviser on information and strategy to Presiden
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FG detains two Binance executives; see why
The Nigerian government has detained two executives of the Binance crypto exchange platform amid efforts to stabilise the nation’s foreign exchange market and salvage the value of the local currency. The executives flew to Nigeria following the country’s decision to ban several
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BDC operators ask FG to stop Binance operations in Nigeria
Bureau De Change (BDC) operators in Nigeria have advised the Federal Government to use everything within its powers to stop the operation of Binance in the country.
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Crypto Market Loses $360bn As Telsa Declines Bitcoin For Payment
Investors in Bitcoin, the most popular and capitalised cryptocurrency are going through a tough time as at least $365 billion has been wiped off their investments after Tesla’s founder, Elon Musk, announced that the car maker will not be accepting Bitcoin as payment for its cars. Musk had tweeted that the electric car maker will…