Business
Binance: FG demands transactions detail before release of arrested executives
The federal government has demanded that the world’s largest cryptocurrency platform, Binance, provide a list of the top 100 Nigerian users and their transaction details on the platform before detained officials are released, Peoples Gazette is reporting.
“Nigeria is pressing Binance for information on its top 100 users in the country, as well as all transaction history for the past six months,” Financial Times reported on Tuesday.
According to reports, the request is at the centre of negotiations between Binance & Nigeria, which sees the company as a crucial link undermining government efforts to stabilise its currency, the naira. The 6 month transaction details request tallies with the timeline of Nigeria’s currency devaluation.
The reported request comes as two Binance officials, Tigran Gambaryan, a U.S. citizen and British-Kenyan Nadeem Anjarwalla, languish in detention 2 weeks after Nigerian authorities arrested them.
-
Football2 days agoArgentine presenter Florencia Peña resigns after false on-air report about Lionel Messi’s father
-
Business4 days agoNigeria launches FreeTV digital platform with over 100 free channels
-
Business2 days agoAward-winning Mitsubishi L200 gets anniversary price cut in Nigerian market
-
Latest6 days agoBREAKING: Court orders INEC to deregister ADC, Accord Party, others ahead of 2027 elections
-
News6 days agoObisesan empowers students, farmers others in Efon, receives praises from beneficiaries
-
Latest1 week agoPolitical tension in Osun as Adeleke accuses APC over attack on Osogbo monarch
-
Comments and Issues5 days agoA tale of two kidnappings
-
Football1 week agoQatar Stun Switzerland with Dramatic Late Equaliser