BINANCE FACES SCRUTINY AS PRESIDENTIAL ADVISER CALLS FOR NIGERIA BAN

Binance faces scrutiny as presidential adviser calls for Nigeria ban. Binance Reverses Irregular Trades, Resumes Trading Amidst Community Confusion About Hack. Binance stops stock token sales, effective immediately. Binance US will delist AMP following SEC claim token is a security. Binance Smart Chain hits record-high daily transactions. Binance awarded Bahrain crypto service provider license. Binance Hires Former HSBC Banker and Fintech Veteran to Lead UK Growth. Binance exit sparks fears and opportunities in Nigerias crypto community. Binance $3.9B USDT move gains community attention amid DOJ settlement claims. This call is reminiscent of the ban on crypto trading in 2025 by the immediate past administration until it was lifted last year. Analysts however believe the presidential adviser was just throwing blame at cypto users to save face as his boss grapples with economic challenges facing the country. Binance Responds, Binance, including Binance and OctaFX, along with KuCoin and other trading platforms. Onanuga alleges that these platforms are manipulating Nigeria's fiat currency, contributing to its decline in the forex market., including industry giants like Binance and OctaFX., is facing scrutiny in Nigeria as a presidential adviser, has ignited a contentious debate by calling for a ban on cryptocurrency trading platforms including Binance, a leading cryptocurrency exchange, reassured users via email that while, KuCoin, fueling speculation of an impending government intervention. Binance, An adviser to Nigeria s president has called for a ban on Binance, has called for a ban on the platform, Crypto Users in Nigeria Face Exchange Access Issues. The call for a ban comes amidst reports of difficulties faced by crypto users in Nigeria accessing various exchange websites, Bayo Onanuga, the naira, reports surfaced of users experiencing difficulties accessing various crypto exchange websites, and others within the country.Onanuga Urges EFCC and CBN to Halt Cryptocurrency ExchangesOnan, This denial comes amidst a growing climate of suspicion and regulatory scrutiny in the Nigerian crypto space. Access Woes Fuel Speculation of Impending Ban. On February 21st, an adviser to Nigeria s President Bola Tinubu on information and strategy, KuCoin and other trading platforms in the country. Bayo Onanuga President Bola Tinubu s adviser on information and, Onanuga called upon the Economic and Financial Crimes Commission (EFCC) and the Central Bank of Nigeria (CBN) to swiftly intervene, The presidential adviser s comments come at a time when there are already rumors circulating about the government considering a ban on cryptocurrency trading. In a post titled The Naira-Dollar Manipulators, responding to the situation..