May 4, 2025

CBN Accuses Binance of Unauthorized Banking Activities in Nigeria

1 min read

The Central Bank of Nigeria (CBN) has leveled serious accusations against Binance, alleging the cryptocurrency exchange of unauthorized banking actions. On July 5, a CBN representative asserted in court that Binance lacked the necessary licenses and regulatory permits to operate. Judge Emeka Nwite of the Federal High Court in Abuja presided over the session, casting

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Source: CoinOtag

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