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Nigeria reportedly considers $10 billion Binance fine over illegal transactions and registration – CryptoSlate
The Nigerian government is reportedly considering imposing fines of up to $10 billion on Binance. Local media outlets reported that Bayo Onanuga, the special adviser to the Nigerian president, said the exchange profited from facilitating illegal transactions in the African country while the nation suffered huge losses
Nigeria hits Binance with $10 billion fine amidst crypto exchange probe – Business Insider Africa
This development was disclosed by Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu. The presidential aide stated that the fine was imposed due to Binance's illegal operations, which has significantly contributed to the devaluation of the naira in recent times. Last week, the government moved against Binance, and other crypto platforms like OctaFX, Coinbase and other crypto firms following reports that currency speculators and money launderers were using them to execute criminal activities.
‘I Said Our Government May Impose Heavy Fines on Binance . . . I Never Said it Would Definitely Be $10 Billion,’ Says … – bitcoinke.io
At the same time, the Nigerian Government special adviser cited in the BBC article said that his statement was misrepresented. I said our government may impose heavy fines on Binance for what happened, Mr Bayo Onanuga told The Gazette. I never said Binance had been informed about the fines or that it would definitely be $10 billion.
Nigerian Government Fines Binance $10B for ‘Illegal Transactions’ – Watcher Guru
The Nigerian Government has fined cryptocurrency exchange Binance $10 billion for profit on illegal transactions according to Bayo Onanuga, a special advisor to President Bola Tinubu. Onanuga disclosed the financial penalty in an interview with the BBC that took place Friday
Binance Coin Hits $400 After Bitcoin Surge: Here’s How High BNB Can Go – Watcher Guru
BinanceCoin (BNB) has reignited its price ascent this week after undergoing key technical tests. With Bitcoins stagnation above $56,000 contrasting with BNBs sudden spike above $400, the top exchange token looks poised to retest critical upper resistance levels soon. After retracing last year,BNBspent considerable time centering around $300 support.
Mega Gains Likely in Raffle Coin (RAFF) As Ethereum (ETH) & Binance Coin (BNB) Holders Scramble to Take … – Analytics Insight
Excitement is growing around the highly speculative Raffle Coin (RAFF), a new crypto offering a raffle-based reward system to holders. As Ethereum (ETH) and Binance Coin (BNB) holders search out the next big thing, Raffle Coins (RAFF) unique crypto raffle tokenomics has captured attention.
Binance Coin (BNB) & Chainlink (LINK) Investors Join Kelexo (KLXO) Presale Craze as Bitcoin (BTC) and Ethereum … – Crypto Reporter
With the Kelexo (KLXO) presale and token rise in the market, here is an overview of why Binance Coin (BNB) and Chainlink (LINK) investors have joined the protocol presale as Bitcoin (BTC) and Ethereum (ETH) seem to be keeping their price rally active. Bitcoin (BTC) doesnt seem to be letting go of its dominance in the crypto market. As the most influential token in the market, Bitcoin (BTC) now has a total market cap of over $1.2T.
Breaking: Binance Senior Executives Arrested in Nigeria – BeInCrypto
Two senior executives from Binance, the worlds leading cryptocurrency exchange, have been detained in Nigeria. This action comes on the heels of the Nigerian governments efforts to stabilize the naira
Binance to List Telegram (TON) Token as Price Jumps 10% – Watcher Guru
One of the largest cryptocurrency exchanges on the planet, Binance, is set to list the Telegram Open Network (TON) token. The change announced the launch of TON perpetual contract with 50% leverage. Subsequently, the value of the token surged by 10% following the announcement
Binance Prosecutors Seek Tougher Travel Restrictions for Crypto Firm’s Founder – PYMNTS.com
Prosecutors want stricter bail conditions forBinancesfounder as he awaits sentencing on money-laundering charges. Changpeng Zhaopleaded guiltyin November of last year to failing to adhere to proper anti-money laundering practices at his cryptocurrency exchanges, and also agreed to step down as head of the company.