Binance: Detained Executive Lacks Decision-Making Authority, Must Be Released

April 4, 2024 Bitcoin.com

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Tigran Gambaryan, the Binance employee detained by Nigerian authorities, is a stringent law enforcement professional with no decision-making authority, according to the crypto exchange. Through his Financial Crime Compliance (FCC) team, Gambaryan has responded to more than 600 information requests from Nigerian authorities. Gambaryan Hired to Assist Binance with Past Compliance Issues Tigran Gambaryan, an […]

Here’s the Next Price Target for Bitcoin As BTC Repeats Previous Bull Market Pattern: Crypto Analyst

Detained Binance Executive Sues Nigerian Anti-Graft Agency for ‘Fundamental Rights’ Violation

March 31, 2024 Bitcoin.com

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The Binance executive who is being held by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights. The executive also wants the local court to declare the seizure of his passport “a violation of his fundamental right to personal liberty.” Violation of the Right to Personal Liberty The detained Binance […]

Here’s the Next Price Target for Bitcoin As BTC Repeats Previous Bull Market Pattern: Crypto Analyst

Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor

March 28, 2024 Bitcoin.com

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According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the […]

Here’s the Next Price Target for Bitcoin As BTC Repeats Previous Bull Market Pattern: Crypto Analyst

Court Orders Binance to Hand Over ‘Comprehensive’ User Data to Nigerian Authorities

March 20, 2024 Bitcoin.com

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A Nigerian high court has ordered Binance to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data relating to all Nigerian traders on its platform. The EFCC alleges it has discovered instances of price discovery, confirmation, and market manipulation on the Binance platform. Binance Violates Nigerian Anti-Money Laundering Laws In a fresh development […]

Here’s the Next Price Target for Bitcoin As BTC Repeats Previous Bull Market Pattern: Crypto Analyst

Real-World Assets Platform Gluwa Considers Developing Liberia’s CBDC

March 19, 2024 Bitcoin.com

Africa

The real-world assets platform, Gluwa, is exploring the potential to assist in the development and launch of Liberia’s central bank digital currency. To increase the likelihood of the digital currency’s success, Gluwa is also considering the launch of a satellite-based internet service. Making the Digital Currency Compatible with Liberia’s Mobile Money System Gluwa, a real-world […]

Here’s the Next Price Target for Bitcoin As BTC Repeats Previous Bull Market Pattern: Crypto Analyst

Group Urges US President Joe Biden to Secure Release of ‘Kidnapped’ Former Federal Agent

March 18, 2024 Bitcoin.com

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The Chamber of Digital Commerce, a blockchain and crypto advocacy group, has urged U.S. President Joe Biden to assist in securing the release of a Binance executive “kidnapped” by the Nigerian government. The group warned that the Nigerian government’s arbitrary detention of Tigran Gambaryan might establish a dangerous precedent. Questioning the Arbitrary Detention of Binance […]

Here’s the Next Price Target for Bitcoin As BTC Repeats Previous Bull Market Pattern: Crypto Analyst

Binance Says Nigeria Is Not Yet One of Its Top Markets

March 15, 2024 Bitcoin.com

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Nigeria is not yet among Binance’s top markets despite being a leading global crypto market. However, the crypto exchange said it recognizes the West African country’s “extraordinary potential,” which is one reason why it is eager to invest there. ‘Extraordinary Potential’ The cryptocurrency exchange Binance has clarified that Nigeria, despite being one of the world’s […]

Here’s the Next Price Target for Bitcoin As BTC Repeats Previous Bull Market Pattern: Crypto Analyst

Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days

March 13, 2024 Bitcoin.com

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Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have requested Binance to disclose the identities and transaction histories of its top 100 users. Detained Executives’ Families Demand Their […]

Here’s the Next Price Target for Bitcoin As BTC Repeats Previous Bull Market Pattern: Crypto Analyst

Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency

March 12, 2024 Bitcoin.com

Africa

The Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency. The continued volatility of the naira is expected to result in erratic regulation, primarily affecting businesses that hold foreign exchange. Nigeria Presses Ahead With Reforms The Economic Intelligence Unit (EIU) has stated that the […]

Here’s the Next Price Target for Bitcoin As BTC Repeats Previous Bull Market Pattern: Crypto Analyst

Nigerian Central Bank, Real-World Asset Firm Partner to Revive Struggling CBDC

March 9, 2024 Bitcoin.com

Africa

Gluwa, a platform for real-world assets, announced on March 7 its partnership with the Central Bank of Nigeria. The partnership arrangement aims to improve the functionality of the Nigerian central bank’s digital currency and promote financial innovation through blockchain technology. Improving the CBDC’s Utility Gluwa, a real-world assets platform, has entered into a partnership arrangement […]

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