CBN restricts USDT trading on Binance P2P platform in Nigeria
Central Bank of Nigeria issued Trading restriction / regulatory enforcement action affecting Binance on February 20, 2024.
- Primary
- Central Bank of Nigeria
- Counterparty
- Binance
- Structure
- Trading restriction / regulatory enforcement action
- Date
- February 20, 2024
- Sub-sector
- Crypto / Digital Assets
CBN crackdown on crypto P2P trading citing $26bn currency flows and currency manipulation concerns, restricting access to USDT on major exchanges.
Source: punchng.com