Nigeria Bans Binance Amidst Cryptocurrency Trading Clampdown — The Information

The Government of Nigeria, holding the title as the nation with the highest population count in Africa, has instigated a blockade on cryptocurrency exchange platforms such as Binance with the goal of reining in speculative activities that are exerting a strain on the nation’s currency, as reported by an individual abreast with this development. A representative from Binance has acknowledged that a number of their patrons are facing difficulties when attempting to navigate their site. Furthermore, it has come to public attention that the nation’s telecommunication regulatory body has issued instructions to telecom services to impose certain restrictions.