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Nairaland Forum / Nairaland / General / Business / Binance to stop Naira Services Amid Crackdown On Crypto Exchanges (14599 Views)
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Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by References1: 5:46pm On Mar 05 |
Binance will stop all transactions and trading in Nigeria's local currency after March 8 amid a country-wide crackdown on crypto exchanges that have been blamed by authorities for feeding a black market for foreign exchange. https://www.reuters.com/technology/binance-stop-services-nigerian-naira-amid-crackdown-crypto-exchanges-2024-03-05/ 16 Likes 2 Shares
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Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by EnglishUsa: 5:53pm On Mar 05 |
70 years from now this comment section will be filled with dead people’s comment😔💔 live good life and help one another, stop been sentimental and tribalistic, stop insulting each other here and try to bring ideas that will lift people from poverty, use the hate energy comments to bring positive changes to others Meanwhile, the governor of Abia state has shown us through his projects in abia state that president is not really the problem of Nigeria but the state governors and other branch of the government are the problem... I kept wondering where abia state governor is bringing all the money he is using to build projects in abia state but, other governors left there without anything to show... They kept saying abia state don't have money. 74 Likes 10 Shares |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by obicoolnino: 5:54pm On Mar 05 |
Let them stop make everybody rest. 7 Likes |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by Abicarrick: 5:54pm On Mar 05 |
What? |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by Almiron: 5:54pm On Mar 05 |
#Freebinance 4 Likes 2 Shares |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by BrAkingNews: 5:54pm On Mar 05 |
Ik |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by RabbitGuy: 5:54pm On Mar 05 |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by Thundafireseun: 5:54pm On Mar 05 |
I wish I understand this I don’t understand the implications of this news |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by slaawomirr: 5:54pm On Mar 05 |
Damnnn niggar |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by VaginaAcademic: 5:54pm On Mar 05 |
Naso 1 Like 1 Share |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by BrAkingNews: 5:54pm On Mar 05 |
It's not the solution |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by lazkizz(m): 5:55pm On Mar 05 |
Watch dollars drop to 1k flat rate. 9ja na we dey do ourselves 32 Likes 1 Share |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by xpressionx(m): 5:55pm On Mar 05 |
APC clueless government always misfiring. We move to other apps 2 Likes 3 Shares |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by BigDawsNet: 5:55pm On Mar 05 |
Hw do we get naira back to 150-300 without export? Experts! 1 Like 1 Share |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by MrFixIt007: 5:55pm On Mar 05 |
Na wa.......By now Naira supposed be 700 since Binance and Aboki black market changers were the problem .........How will a country that is not productive grow? 37 Likes 1 Share |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by FuckYeyeMods: 5:55pm On Mar 05 |
This government deserve to be giving a proper support. It totally shows they know what they're doing. If its another government, they will ban Nigerians from Binance entirely but they show that they are actually after fixing the loopholes. Either you support the government or not, we know the president that would have force Binance to close all accounts of Nigerians on binance or completely bare the network. 36 Likes 3 Shares |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by Olarewaju89: 5:56pm On Mar 05 |
Anything that will make naira to gain weight over dollar is highly welcome. 14 Likes |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by ATLANTIC01: 5:56pm On Mar 05 |
Nigeria government is clamping on youth |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by DenreleDave(m): 5:57pm On Mar 05 |
The moment greedy Nigerians started operating p2p on bnance, problem started But I still don't think binanc is the issue.... Our politicians, banks are hoarding dollars.. They are the cause of this and it is not being addressed 70 Likes |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by Omoawoke: 5:57pm On Mar 05 |
How many times are we going to hear this Today them ban them, next day them comot naira, next hour, dem stop naira services Can the thunder face one direction and strike once and for all and stop dancing around confusing us 5 Likes |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by AllenSpencer: 5:57pm On Mar 05 |
Good one! 2 Likes |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by Bitcoin: 5:58pm On Mar 05 |
A welcomed development. I will never support currency manipulation. We are all Nigerians afterall and our common goal is to see naira gain some strength. Still bullish on bitcoin. None of this will stop us from going to the moon. 9 Likes |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by SKYHIGHfx: 5:58pm On Mar 05 |
Supported 3 Likes |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by BrodaBenad: 5:59pm On Mar 05 |
They're working hard to make sure people don't invest in other currencies to avert the effect of crumbling naira That's where they get it wrong we can still P2P 4 Likes 1 Share |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by EdiskyHarry: 6:00pm On Mar 05 |
Funny |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by adolfHitler1934: 6:00pm On Mar 05 |
Binance this, Binance that. Useless APC government that lacks the capacity to govern. Always looking for who to blame for their ineptitude and incompetence. We will hear same news with different headings about Binance at least 10 times before weekend. Propaganda won't save the Naira, action will. Teaching Obi political lesson 102. Elections have consequences. 3 Likes 1 Share |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by AMAUCHESKY(m): 6:00pm On Mar 05 |
Let's see the impart But Strong Addiction required strategic steps to overcome because is like a virus in the blood.. Contact me via my signature for help 1 Like |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by mariahAngel(f): 6:00pm On Mar 05 |
Eeeh! Let them stop, so we can know where the problem is coming from. At least, the economy has been a bit stable of recent. 7 Likes |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by Astra101: 6:01pm On Mar 05 |
Inasmuchas this moves is good for the naira partially, Government should look into the dealings of these bank managers. How do you explain to sane people that bank managers are among the richest in this country, building private banks, universities mega businesses solely as a banker? 7 Likes |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by Tap0lane: 6:02pm On Mar 05 |
Before the clampdown on Binanace you forget Naira was losing over ₦100 daily to the dollar ?! Why ain't you questioning why that stopped ?! The govt should not stop at chasing out economic saboteurs like Binance but ensure Binance return the Naira to where Binance devalued it from during Emefiele tenure. That is when I will accept this Tinubu govt meant well for Nigeria till then Tinubu 8 months in office as been nothing but rubbish even to those of us supporting him. MrFixIt007: 8 Likes 1 Share |
Re: Binance to stop Naira Services Amid Crackdown On Crypto Exchanges by richeeyo(m): 6:02pm On Mar 05 |
lazkizz:And our youths would come out and insult the government for fighting for our interest 4 Likes 2 Shares |
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