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Nigeria Presses Binance amid Economic Turmoil and Detains Executives
Amidst Nigeria's economic struggles, marked by currency devaluation, a tense confrontation has arisen between the government and cryptocurrency platform Binance. The situation escalated with the detention of two senior Binance executives, Nadeem Anjarwalla and Tigran Gambaryan, sparking concerns about diplomatic tensions and the regulatory landscape surrounding cryptocurrencies in Nigeria. The Nigerian government has intensified its crackdown on cryptocurrency activities, accusing Binance of facilitating currency speculation and undermining the central bank’s authority. Amid these accusations, authorities are ... (full story)