Nigeria has reportedly introduced more charges against Binance despite the exchange trying to find dialogue with local regulators.
As Nigerian authorities pressed more charges against Binance, the exchange issued a statement urging the regulators to let go of its U.S. exec Tigran Gambaryan.
Troubled global cryptocurrency exchange Binance is facing more issues in Nigeria as its United States-based executive Tigran Gambaryan remains detained in the country. Nigeria has introduced more charges against Binance despite the exchange trying to find dialogue with local regulators, The Wall Street Journal
Bayo Onanuga, the presidential adviser on information and strategy, suggested banning platforms like Binance in the country. In response to the threat of the ban, two senior Binance executives, including Gambaryan and Nadeem Anjarwalla, came to Nigeria to attempt to find a dialogue with local authorities.The exchange argued that the exec has “decision-making power” at the company and should not be held responsible while discussions are ongoing between Binance and Nigerian government officials.using a fake passport in March.
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