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Nigeria freezes over 1100 bank accounts of crypto traders amid broader regulatory crackdown

Retrieved on: 2024-04-29 20:13:15

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Nigeria freezes over 1100 bank accounts of crypto traders amid broader regulatory crackdown. View article details on hiswai:

Summary

The article reports that Nigeria's EFCC has frozen the accounts of numerous crypto traders accused of currency manipulation and other financial crimes, impacting exchanges like Binance amid concerns of a cryptocurrency bubble. The situation reflects tensions between decentralized finance and regulatory efforts.

Article found on: www.dlnews.com

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