Binance Faces Legal Challenges in Nigeria Amid Allegations of Unauthorized Operations
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The Central Bank of Nigeria has accused Binance of performing unauthorized banking services and currency conversions in the country. CBN officials claim Binance facilitated peer-to-peer transactions involving the Nigerian naira without the necessary licenses. Binance's executives are also suspected of obscuring the origins of $35.4 million in alleged illegal financial proceeds.
Source: blockonomi.com ↗
