The House of Representatives, yesterday, called for the arrest of the top executives of Binance Holdings Limited, which is facing fraud allegations. Binance, a cryptocurrency exchange platform, was accused of exploiting the Nigerian currency, Naira, leading to its free fall in value, reports The PUNCH. The company is, in addition, facing alleg...
Presidential spokesman, Bayo Onanuga, says if not stopped, cryptocurrency trading website Binance will destroy the Nigerian economy by arbitrarily fixing foreign exchange rate. “If we don’t clamp down on Binance, Binance will destroy the economy of this country. They just fix the rate,” a displeased Onanuga said on Channels Television last nig...

