Nigerian Government Imposes $10 Billion Fine on Binance The N | Crypto | Ethereum | Bitcoin
Nigerian Government Imposes $10 Billion Fine on Binance
The Nigerian government has reportedly slapped the cryptocurrency exchange Binance with a $10 billion fine. According to a Nigerian government official, Binance is being punished for causing the local currency’s recent plunge against major currencies. These operations have reportedly contributed to the rapid depreciation of the naira in recent weeks.
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