Binance to discontinue Nigerian currency services as legal squabble deepens
Publishing timestamp: 2024-03-05 07:14:55
Summary
Binance discontinues all Nigerian naira services amid legal dispute with Nigerian government, remaining balances to be converted to Tether. Nigerian government accuses Binance of manipulating foreign exchange rates and demands $10 billion in compensation. Nigerian naira has lost almost 70% of its value.
Sentiment: NEGATIVE
Tickers: USDT.CM=,
Keywords: business news, investment strategy, tether/usd coin metrics, breaking news: investing, currency markets, breaking news: politics, cryptocurrency, politics,