Nigeria bans world’s largest crypto exchange ...News

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The country’s markets regulator says local Binance operations were illegal Nigeria’s Securities and Exchange Commission has declared the activities of Binance illegal, banning the world’s largest cryptocurrency exchange from the country, according to a statement by the regulator. “Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” the SEC said on Friday, calling the company illegal, as it was neither registered nor regulated. The commission said it would notify the public of any additional regulatory steps relating to the operation of Binance Niger

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