Nigeria Blocks Major Crypto Exchanges Amid Naira's Historic Depreciation

Nigerian authorities have initiated measures to block access to several prominent cryptocurrency exchanges globally. This decision comes as the government endeavors to curb currency speculation, particularly amid the significant depreciation of the Nigerian naira to unprecedented lows. Telecom Regulators Directive Late on Wednesday, according to individuals familiar with the situation, the Nigerian Communications Commission (NCC), the telecom regulator, issued directives to telecom companies to restrict consumer access to websites of major companies such as Binance, Coinbase, and...

source: https://tokenpost.com/Nigeria-Blocks-Major-Crypto-Exchanges-Amid-Nairas-Historic-Depreciation-11296

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Published by: Book Club
Source: NewsService