President Biden commends Nigeria on Binance executive Tigran Gambaryan’s release

This raises questions about the extent of US involvement in the case.

Binance locked in standoff with Nigeria, CEO claims bribery attempt

Binance CEO Richard Teng criticised the recent actions taken by Nigerian authorities against the cryptocurrency exchange. Nigeria is one of Binance's biggest markets. Teng claimed that officials demanded a bribe in exchange for resolving the situation.

Detained Binance executives in Nigeria identified after two weeks

A two-week-long information blackout has ended. The identities of the Binance executives detained by Nigerian authorities on February 26 for alleged cryptocurrency market manipulation have finally been revealed.

Embattled Binance halts Nigerian Naira transactions

Amidst heightened regulatory scrutiny, Binance is permanently stopping Nigerian Naira deposits and withdrawals. This move comes into effect today for deposits and March 8, 2024 for withdrawals.

BD Insider 223: Nigeria backtracks: $10 billion Binance fine “misquoted”

Inside: Nigeria crackdown on Bureau De Change operators + updates on Zoho's pricing structure in both Nigeria and Kenya.

“Binance operations in Nigeria are illegal,” SEC reiterates

Over a month after its circular banning the operations of Binance, the Securities and Exchange Commission (SEC) on Friday reiterated that the operations of the global crypto exchange are illegal in Nigeria.

BD Insider 166: Examining the controversies at Binance and the CBN

In this letter, we examined the suspension of Godwin Emefiele, the governor of the Central Bank of Nigeria and the local regulator's stance on Binance operations in Nigeria.

Binance appoints two Africans to its global advisory board

Binance has appointed global political and business leaders and to its advisory board, including two Africans—Ibukun Awosika and Leslie Maasdorp.