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Why Binance and Other Crypto Trading Apps Was Banned In Nigeria 2024

Why Binance and Other Crypto Trading Apps Was Banned In Nigeria 2024

Recent news indicates that Nigeria has instructed telecom companies and internet service providers to block access to cryptocurrency trading platforms, including Binance, Coinbase, and Kraken. This decision comes in response to the decline of the naira and its link to crypto-trading platforms. (source: gazettengr.com) However, these platforms, including Binance, are still accessible in Nigeria as…