Nigeria Blocks Access to Major Cryptocurrency Exchange Websites Including Binance, Coinbase & Kraken, Nigeria National Currency Nigerian Naira Depreciated by More than 70% Against USD Since Currency Peg Removed in 2023 June
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Nigeria Blocks Access to Major Cryptocurrency Exchange Websites Including Binance, Coinbase & Kraken, Nigeria National Currency Nigerian Naira Depreciated by More than 70% Against USD Since Currency Peg Removed in 2023 June
24th February 2024 | Hong Kong
Nigeria has instructed telecoms companies to block access to major cryptocurrency exchange websites including Binance, Coinbase & Kraken.The Nigeria national currency (Nigerian Naira) has depreciated by more than 70% against USD since the currency peg was removed in 2023 June.Earlier in January 2024, India Financial Intelligence Unit (FIU) informed India Ministry of Information to block access to 9 crypto exchange websites, and issued compliance notices to crypto platforms including to Binance, Huobi, Kraken & KuCoin for non-registration of entities & complying with Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT).Financial Intelligence Unit – India (FIU-IND) is the central, national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions to enforcement agencies and foreign FIUs.
“ Nigeria Blocks Access to Major Cryptocurrency Exchange Websites Including Binance, Coinbase & Kraken, Nigeria National Currency Nigerian Naira Depreciated by More than 70% Against USD Since Currency Peg Removed in 2023 June “
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India to Block Access to 9 Crypto Exchange Websites, Issued Compliance Notices to Crypto Platforms Including to Binance, Huobi, Kraken & KuCoin for Non-Registration of Entities & Complying with Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT)
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5th January 2024 – IndiaFinancial Intelligence Unit (FIU) has informed India Ministry of Information to block access to 9 crypto exchange websites, and issued compliance notices to crypto platforms including to Binance, Huobi, Kraken & KuCoin for non-registration of entities & complying with Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT). Financial Intelligence Unit – India (FIU-IND) is the central, national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions to enforcement agencies and foreign FIUs.
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