The government of Nigeria country has reportedly call the largest cryptocurrency exchange Binance, by demanding a minimum of 10 billion dollar from them due to damaged occurred in the country and in the value of their national currency from the Binance exchange platform.
Bayo Onanuga as the special adviser on information and strategy to the country’s president, Bola Tinubu reported the news in an interview with BBC.
Binance is under investigation by the Nigeria investigation team and it is also reported that Binance is doing the illegal activities in their country.
A few days ago, the Binance app and website is blocked by Nigeria and the Nigerian police also detained the Binance executives.
The cryptocurrency exchange Binance also removes the p2p trading and other fiat services of Nigerian currency, the Naira from their platform.
Recently, The Binance just announce to remove 5 trading pairs due to low volume and low liquidity.
