fuckJones:
some people now appear to have more sympathy for Binance than for Nigeria and the Naira

kowalsky:


Banning Binance is one thing, the absurd reasons I just read up there is another thing entirely. This country is hopeless.

How can a representative of govt state on quote that it's the responsibility of the CBN to fix Naira rates compared to other currencies traded in a free market. The ineptitude and incompetence this statement exposes is baffling. I mean if that were true why doesn't the CBN just 'fix' the Naira at 1NGN to 1USD.


Even more baffling is the legion of illiterate, poverty stricken, cursed-to-grovel-at-the-feet-of-politicians Nigerians currently praising these daft statements and their attendant policies.

Most first world countries with liens on the activities of Binance limit it to the securities and futures traded on the platform. Nothing to do with buying cryptocurrencies at whatever rates.
Most of those limitations are pending full registration and disclosure by Binance. If Binance decides to (unlikely they would) engage full financial and anti money laundering compliance said limitations will be defacto dissolved.

These fools who've been grounded by hate, abject poverty, and frankly an innate thirst for suffering continue grasping straws with innane rhetorics like Binance is banned in other countries.
Brainwashed by the sermons of crass politicians who ride bulletproof lexuses bought with money meant for their children's education they've become the classic cases of stockholms syndrome.

Destitute men, failures. Even if they manage to live off bread crumbs from their slave owners, it's just a matter of time before the hen comes to roost.
Your children will be fvcked and abused by these men and their sons.
Your generation will forever continue to thirst for luxuries they can only admire from a distance.
You will be forever remembered as that political arslicker

Lotta suffering to go around. Many Nigerians will die pitiable deaths - hopefully most of them are these brainless mofos.

Was happy this ban was implemented. Once the palliative effect it had on Naira rates wears off interested in seeing where next the goal post will be moved to.

justmondris:
Nonsense, It's a P2P trade and sellers are the ones fixing the prices and not Binance.

patorial:


Do you even understand that USDT is not Dollar and Binance doesn't sell Dollar.

Ibrahimcoomasie:

1. Yes they would be allowed after stringent policies are put in place by the binance.

2. No. The financial regulatory organization of your country does not need a court ruling to slam fines on financial institutions. Fines are regularly slammed on Nigerian banks.

RepoMan007:
Kidnapped their representatives and slammed a technical ransom of $10Bn on their assés.
This is Intl corporate banditry, though it favours me. At least he won't tax the he'll out of me.

Davidic1999:
Una wan destroy binance with una wahala

First, it was $125millon fine on cz now its Nigeria 😂

Even if the government ban p2p, telegram and whatsapp is there

Yeye people

seunjungle1:
We are going to teach you lesson. We will still ban those ones you mentioned

Ola9ja23:
It should be $30b
Binance has made more profits from sabotaging our economy
Enemy of Nigeria are not happy though

ozo13:
na only Nigeria dey take nonsense oooo without any regulation.Am sure what Binance did to naira free fall if it were to be US they will pay a huge huge damage fee

Mrzed:
https://www.google.com/amp/s/nairametrics.com/2024/03/01/forex-crisis-fg-slams-10-billion-fine-on-binance/%3famp=1

Davidic1999:
Una wan destroy binance with una wahala

First, it was $125millon fine on cz now its Nigeria 😂

Even if the government ban p2p, telegram and whatsapp is there

Yeye people

LordIsaac:
Obidients will not be happy with this news o

Lexusgs430:


How do I answer you ......... 😂

Make I think am .......😜

This hopeless government, seems to blame everyone else (but themselves)......

If this overbloated government takes a dagger to government expenses......

Nigeria would not be in this mess .......

yommen:


Many of you will still talk rubbish. Na today Binance don dey get issues with governments of different countries? They have always had issues everywhere. But now that it is Nigeria, na binance you dey support. May thunder fire every enemy of the common man!

fuckJones:
some people now appear to have more sympathy for Binance than for Nigeria and the Naira

wirinet:

No one has accused Binance of fraud. In fact binance transactions is more transparent than our so called banks. The reason they are banned in many countries is because they are very difficult to regulate.

Ola9ja23:


Double face

The platform enable saboteurs to cause havoc on our economy

inoki247:
Lol na people wey turn the Platform to where dey speculate rates and Launder money through the platform spoil the platform and Binance should av try to be more strict....

Imagine trying to buy Dollar from Aboki nd Aboki dey open Binance before he give rate....


Normal normal before wey I know dey will call different state to assertain rate buh now dem come dey use Binance jus come use dere own spoil platform for others....


Platform wey men don dey use since buh some people pack dem sef come spoil am all of a sudden...


Nothing wey dey last for this country once people shook eyes on that thing....

kowalsky:


Banning Binance is one thing, the absurd reasons I just read up there is another thing entirely. This country is hopeless.

How can a representative of govt state on quote that it's the responsibility of the CBN to fix Naira rates compared to other currencies traded in a free market. The ineptitude and incompetence this statement exposes is baffling. I mean if that were true why doesn't the CBN just 'fix' the Naira at 1NGN to 1USD.


Even more baffling is the legion of illiterate, poverty stricken, cursed-to-grovel-at-the-feet-of-politicians Nigerians currently praising these daft statements and their attendant policies.

Most first world countries with liens on the activities of Binance limit it to the securities and futures traded on the platform. Nothing to do with buying cryptocurrencies at whatever rates.
Most of those limitations are pending full registration and disclosure by Binance. If Binance decides to (unlikely they would) engage full financial and anti money laundering compliance said limitations will be defacto dissolved.

These fools who've been grounded by hate, abject poverty, and frankly an innate thirst for suffering continue grasping straws with innane rhetorics like Binance is banned in other countries.
Brainwashed by the sermons of crass politicians who ride bulletproof lexuses bought with money meant for their children's education they've become classic cases of stockholms syndrome.

Destitute men, failures. Even if they manage to live off bread crumbs from their slave owners, it's just a matter of time before the hen comes to roost.
Your children will be fvcked and abused by these men and their sons.
Your generation will forever continue to thirst for luxuries they can only admire from a distance.
You will be forever remembered as that political arslicker

Lotta suffering to go around. Many Nigerians will die pitiable deaths - hopefully most of them are these brainless mofos.

Was happy this ban was implemented. Once the palliative effect it had on Naira rates wears off interested in seeing where next the goal post will be moved to.

Mrexcell:



This will definitely negatively affect legit nigerian crypto traders and tech guys who heavily depend on them but do you think binance will really pay that huge $10b fine or is this the end of binance operations in nigeria?

Nigeriakan:


But it cared enough to send its representatives to Nigeria. Dey there dey whine.

Binance knows what it stands to lose if it loses Africa's biggest market. If Binance is banned in Nigeria, many other African countries will follow suit in a matter of months.

FYI, Nigeria will work. And anyone who isn't happy about it won't witness it

Bluearrow:
So the $10 billion they were hoping to raise, they want only binance to pay it?

mexxy1:
Copy cats. Because they heard the US fined binance, they've also copied.

Who are those benefitting from the rise in the USD against the Naira if not the politicians?

How many of them (politicians) have visible investments to show for the opulence and wealth they exhibit?

Do the poor masses scramble for Dollars? Who needs the Dollars to travel and gallivant around the world if not the politicians?

They just want to deceive their gullible supporters that they're working.