Nigerian Authorities Blame Binance for 70% Naira Devaluation, Move to Issue Arrest Warrant Against CEO

“Binance platform harbours people who fix the exchange rate which quickly affects the Nigerian economy for the time when Nigeria is trying to stabilize the economy. The platform fixes the exchange rate for the country and it is an illegal rate. The Central Bank of Nigeria (CBN) is the only authority that can fix the exchange rate for the country.”