Nigeria is gearing up to implement new regulations aimed at prohibiting peer-to-peer (P2P) cryptocurrency exchange involving the national currency, the Nigerian naira.
Read MoreNigeria is gearing up to implement new regulations aimed at prohibiting peer-to-peer (P2P) cryptocurrency exchange involving the national currency, the Nigerian naira.
Read MoreBinance CEO Richard Teng has called for the immediate release of the exchange's executive, Tigran Gambaryan, who has been detained in Nigeria for over 70 days.
Read MoreThe criminal trial involving two of Binance's principal workers and the cryptocurrency exchange will not begin until May 17. This deferral was ordered by the Nigerian court as Binance had not received official charges.
Read MoreThe bail request of Tigran Gambaryan, the CEO of Binance who is now being jailed at the Kuje detention center, was delayed by a Nigerian court. The commissioner for the economy and financial crimes filed an application with Justice Emeka Nwite, the head of the Federal High Court in Abuja, requesting an extension of time to provide a thorough answer to the charges that Gambaryan's attorney had added to his defense.
Read MoreThe judge approved Gambaryan's attorney's plea for a postponement so the NSA and EFCC could respond, delaying the hearing for April 8.
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