Tag: Nigeria

Trade policies such as tariffs and sanctions directly influence currency values by altering supply and demand dynamics across borders

By ItalianCannon Key Points: Trade policies such as tariffs and sanctions directly influence currency values by altering supply and demand dynamics across borders Cryptocurrencies are increasingly impacted by geopolitical trade tensions, despite their decentralized nature Sanctioned nations are turning to digital assets as alternative financial channels to bypass international restrictions The U.S.-China trade conflict has […]

Nigeria Alleges Binance Facilitated Terrorism, Kidnapping Funding

By Terence Zimwara Nigeria’s government has accused Binance of facilitating terrorism and kidnapping financing through illicit fund transfers on its cryptocurrency exchange platform. Binance Faces Increasing Legal Challenges in Nigeria Prior to the Nigerian government’s crackdown on Binance, kidnapping gangs and terrorists funneled illicit funds through the cryptocurrency exchange, Information Minister Alhaji Mohammed Idris recently […]