Binance’s Nigeria Unit Ordered to Halt ‘Illegal’ Operations by Securities Watchdog

Nigeria’s order follows a lawsuit by the U.S. securities watchdog last Monday against the largest global crypto exchange by market capitalization, alleging it failed to register as a broker or exchange, and that it sold offered unregistered securities the general public.

Original Source: https://www.coindesk.com/policy/2023/06/10/binances-nigeria-unit-ordered-to-halt-illegal-operations-by-securities-watchdog/?utm_medium=referral&utm_source=rss&utm_campaign=headlines