![Binance Faces Regulatory Hurdle in Nigeria: Ordered to Cease Operations](https://dailytalks.org/wp-content/uploads/2023/07/82063-binance-faces-regulatory-hurdle-in-nigeria-ordered-to-cease-operations.jpeg)
Binance, the world’s largest cryptocurrency exchange by trading volume, has been ordered to cease operations in Nigeria by the country’s Securities and Exchange Commission (SEC).
In a recent statement, the regulator declared the operations of Binance “illegal” in the West African nation, stating that the cryptocurrency exchange was neither registered nor regulated by the commission. …
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