Nigerian central bank chief criticizes Binance, executives reportedly arrested

Cryptocurrency Exchanges to have has been suspected of destabilizing THE Nigerian Naira decree, but THE country high central banker said Binance moved billion Since not identified users In 2023.

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Binance East focused towards more meticulous examination In Nigeria, THE governor of THE Central Bank of Nigeria (CBN) said journalists on Feb. 27, concerning "suspicious flows" of funds through Binance Nigeria In 2023. THE country Securities And Exchange Commission And other government agencies are Already look THE cryptocurrency exchange with suspicion.

CNB head Olayemi Cardoso said crypto Exchanges In Nigeria are below suspicion. "We are concerned that certain practices go on that indicate illicit flows going through A number of these entities, suspicious flows has best," he said THE local press on Feb. 27. He said:

"In THE case of Binance, In...