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The controversy surrounding Binance in Nigeria has escalated with the House of Representatives Committee on Financial Crimes issuing an ultimatum to Binance CEO Richard Teng. The committee requested Teng to appear before them by March 4 due to alleged involvement in financial crimes such as money laundering and terrorism financing. Failure to comply with the
Golden Inu (GOLDEN) has been making waves in the cryptocurrency world recently, with a significant number of Shiba Inu token holders switching over to this new project. The Golden Inu ecosystem promises a play-to-earn game, a crypto ecommerce platform, and its own crypto exchange in the coming years. The developers have been delivering on their
Hungary is taking steps to introduce a new legislative proposal that would allow banks, investment funds, and asset managers to offer services involving Bitcoin and other cryptocurrencies. This initiative, as reported by Bloomberg Law on March 1, represents a significant advancement in Hungary’s financial sector. The proposed laws are expected to take effect on June
The Nigerian government is currently contemplating imposing fines on Binance amounting to a staggering $10 billion. This decision was sparked by allegations that the exchange had engaged in facilitating illegal transactions within the African country, leading to substantial losses for the nation. Bayo Onanuga, the special adviser to the Nigerian president, highlighted that this fine
Ethereum scaling solution Arbitrum has collaborated with trading app giant Robinhood to introduce a new token swap integration in Robinhood’s self-custody wallet. The joint announcement was made at the ETHDenver conference, signaling a significant move in the crypto space. This integration allows users of Robinhood Wallet to engage in transactions using Arbitrum, leveraging the layer