Category: Nigerian Securities and Exchange Commission

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CZ Says Binance Has Issued a Cease and Desist Notice Against Nigerian ‘Scammer Entity’

June 20, 2023

Changpeng Zhao, the CEO of Binance, said the recently banned Binance Nigeria Limited has been issued with “a cease and desist notice.” Zhao, who has since branded the Nigeria-registered company a “scammer entity,” told his followers not to believe everything they read in the news. Binance Disassociates Itself From Banned Nigerian Entity The CEO of…
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Report: Nigerian Securities Regulator to Exclude Crypto in its Digital Asset Agenda

November 30, 2022

According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said the commission will only change its stance on cryptos when Nigerian regulators agree on the standards to protect digital asset investors. Commission to Promote ‘Sensible…
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