Arrest of Binance executives shakes up Nigeria’s crypto ecosystem, again
Nigeria’s crypto scene has been rocked by another wave of regulatory crackdown, as two senior executives of Binance, the world’s largest crypto exchange, were detained by the authorities on suspicion of currency manipulation and illicit flows. The arrest comes amid a series of measures taken by the Nigerian government to curb the use of cryptocurrencies and stabilize the naira, which has plunged to record lows against the US dollar. Binance, which has a large user base in Nigeria, has been accus
