The attention of the Securities and Exchange Commission (the Commission) has been drawn to the website operated by Binance Nigeria Limited, soliciting the Nigerian public to trade crypto assets on its various web and mobile-enabled platforms.

Binance Nigeria Limited is neither registered nor regulated by the Commission and its operations in Nigeria are therefore illegal. Any member of the investing public dealing with the entity is doing so at his/her own risk.

As the regulator with the statutory mandate of investor protection, the Commission urges Nigerians to be wary of investing in crypto-assets, and crypto-asset related financial products and services if the service provider/its platform is not registered or regulated by the Commission. Nigerian investors are hereby warned that investing in crypto-assets is extremely risky and may result in total loss of their investment.

By this circular, Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever.

The Commission shall provide updates on further regulatory actions with respect to the activities of Binance Nigeria Limited, and other similar platforms and shall work with other regulators in Nigeria to provide further guidance on this matter.

Signed

Management

June 09, 2023.

https://gazettengr.com/just-in-sec-bans-binance-operation-in-nigeria-declares-it-illegal-entity/

You had better be joking on this lool

Buhari better orders them to reverse it.

Binance Futures Trading is one of the fewest ways Nigerian youths make money online now and it’s totally not equal to Yahoo Yahoo.

Normally, every Trader is aware of the Risks so stop heating the Policy unnecessarily.

Seun
Mynd44
Fynestboi
Lalasticala

Ologundudu2020:
You had better be joking on this lool

Ebubu2:
Buhari better orders them to reverse it.

Binance Futures Trading is one of the fewest ways Nigerian youths make money online now and it’s totally not equal to Yahoo Yahoo.

Normally, every Trader is aware of the Risks so stop heating the Policy unnecessarily.

Did you people read the report at all?? BINANCE trading app is different from Binance Nigeria Limited. There's only 1 binance trading platform and this one clearly isn't it. I'm certain. It was registered b mischievous persons yo defraud Nigerians

Ebubu2:
Buhari better orders them to reverse it.

Binance Futures Trading is one of the fewest ways Nigerian youths make money online now and it’s totally not equal to Yahoo Yahoo.

Normally, every Trader is aware of the Risks so stop heating the Policy unnecessarily.

You're still living in Buhari era

Nbote:




Did you people read the report at all?? BINANCE trading app is different from Binance Nigeria Limited. There's only 1 binance trading platform and this one clearly isn't it. I'm certain. It was registered b mischievous persons yo defraud Nigerians

Hmm

Okay

Their is a reason for Fg to have interest in bIANANCE. This company tracks there own personal account includin taxes. So this is just total internal composure of greed playing in small view. We are still transacting. BlockinG the site means noting to bianancians.... Cheers to USDT