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Nigeria

Tigran Gambaryan, Binance's head of crime compliance, is one of two executives detained in Nigeria. (Shutterstock/Consensus)
Policy
Regulations
Detained Binance Executives to Remain in Nigerian Custody Until Hearing: WSJ
The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira.
Tigran Gambaryan, Binance's head of crime compliance, is one of two executives detained in Nigeria. (Shutterstock/Consensus)
By Cheyenne Ligon
Mar 13, 2024 at 10:34 p.m. UTC
Mar 13, 2024
RegulationsBinanceNigeria
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
Policy
Regulations
Binance-Nigeria Brawl Continues as Country Asks Exchange to Submit List of Top 100 Users
Nigeria is also demanding all transaction history spanning the past six months from Binance.
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
By Amitoj Singh
Mar 13, 2024 at 7:50 a.m. UTC
Mar 13, 2024
RegulationsNigeriaBinanceTigran Gambaryannaira
El Salvador Bags Major Bitcoin Gains; Hong Kong's Stablecoin Push
Video
Hong kong
El Salvador Bags Major Bitcoin Gains; Hong Kong's Stablecoin Push
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including El Salvador's major gains from the recent bitcoin (BTC)...
El Salvador Bags Major Bitcoin Gains; Hong Kong's Stablecoin Push
By CoinDesk Staff
Mar 12, 2024 at 4:07 p.m. UTC
Mar 12, 2024
Hong KongBinancecdtvStablecoinNigeriaEl SalvadorCd daily
Binance Logo (Danny Nelson/CoinDesk)
Policy
Regulations
Nigeria Invited, Then Detained Binance’s Compliance Head and Africa Manager for Two Weeks: Reports
"We are working collaboratively with Nigerian authorities to bring Nadeem and Tigran back home safely to their families,” a Binance spokesperson told CoinDesk.
Binance Logo (Danny Nelson/CoinDesk)
By Amitoj Singh
Mar 12, 2024 at 6:41 a.m. UTC
Mar 12, 2024
RegulationsNigeriaBinanceTigran GambaryanCryptoAfrica
AI-Linked Tokens Surge on Nvidia Hype; Nigeria's SEC Cracks Down on Crypto
Video
Hong kong
AI-Linked Tokens Surge on Nvidia Hype; Nigeria's SEC Cracks Down on Crypto
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the 25% surge in artificial-intelligence tokens over th...
AI-Linked Tokens Surge on Nvidia Hype; Nigeria's SEC Cracks Down on Crypto
By CoinDesk Staff
Mar 7, 2024 at 5:46 p.m. UTC
Mar 7, 2024
Hong KongSECcdtvCoinGeckoCBDCNigeriaCd daily
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
Policy
Regulations
Nigeria's Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption
Adoption of the central bank digital currency pales in comparison to cash use in the country.
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
By Camomile Shumba
Mar 7, 2024 at 1:19 p.m. UTC
Mar 7, 2024
RegulationsNigeriaenairaCBDCAPIs
Nigerian flag (Emmanuel Ikwuegbu/Unsplash)
Policy
Regulations
Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report
Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.
Nigerian flag (Emmanuel Ikwuegbu/Unsplash)
By Amitoj Singh
Mar 7, 2024 at 12:17 p.m. UTC
Mar 7, 2024
RegulationsNigeriaSECbanCryptoBinanceCoinbaseKraken
Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
Video
Binance
Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
Binance CEO Richard Teng was summoned by a committee of Nigeria's House of Representatives to appear for an investigation on alleged money laundering and financing of terroris...
Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
By CoinDesk Staff
Mar 5, 2024 at 8:24 p.m. UTC
Mar 5, 2024
BinancecdtvNigeriaFM Clipcrypto regulationRichard teng
Richard Teng (Binance)
Policy
Regulations
Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.
Richard Teng (Binance)
By Camomile Shumba
Mar 5, 2024 at 11:18 a.m. UTC
Mar 5, 2024
RegulationsNigerianairaBinance
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
Policy
Crypto
Nigerian Parliamentary Committee Summons Binance CEO Teng: Report
Two executives of the exchange were detained last week on arrival in the country.
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
By Camomile Shumba
Mar 4, 2024 at 2:25 p.m. UTC
Mar 4, 2024
CryptoNigeriaBinance