In a dramatic escalation, Nigeria's government has frozen $38 million worth of virtual assets held in digital wallets. This move is part of the country's tightening crypto regulation efforts and is linked to the ongoing Binance lawsuit.
The government's action aims to disrupt financial support for a recent wave of nationwide protests. The seizure marks a significant step in Nigeria's broader strategy to control the crypto market.
The post appeared first on CoinGape.
