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Nairaland Forum / Nairaland / General / Investment / SEC Bans Binance Nigeria Limited: It Is An Illegal Entity (28829 Views)
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Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Finestgurlie(f): 12:34pm On Jun 10, 2023 |
Segzy19:orunneyi |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Finestgurlie(f): 12:34pm On Jun 10, 2023 |
Omoawoke:orunneyi |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Finestgurlie(f): 12:34pm On Jun 10, 2023 |
Bluntemperor:e pain am ooo |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Tom1960: 12:35pm On Jun 10, 2023 |
Nigerians won't listen, until MMM, MBA, etc happens to them. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Manna4Gurls: 12:39pm On Jun 10, 2023 |
9jagovernor: “Binance Nigeria Limited is neither registered nor regulated by the Commission and its operations in Nigeria are therefore illegal. So to say, Binance trade is not operational in Nigeria. Other countries somehow didn't adopt Binance or Crypto |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Deeprooted: 12:40pm On Jun 10, 2023 |
Antell95: You will need to change the battery,the keyboard, the screen, get a charger and motherboard. Quote me if you're interested |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by headboyprince(m): 12:40pm On Jun 10, 2023 |
Omoawoke:you see what i said....Nigerians too quick to forget-----https://www.nairaland.com/2578549/8-key-achievements-president-buhari/1 |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Slynation(m): 12:41pm On Jun 10, 2023 |
GENES11S:Crypto has made more people millionaire while the Nigeria economy has drove many into pepertual poverty... So why should an ordinary citizen be bordered about the monetary policy when those in charge doesn't give a rat ass about it... As I dey so, I just wanna make more money even if dollar exchange is #8500/$ or fuel is selling at #2500/litre no problem, but if problem dey, no problem...!! 3 Likes |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by mrJayPEG: 12:44pm On Jun 10, 2023 |
Finestgurlie: I'm sorry but you appear so misguided. At least, before you pour out your frustration on anyone, make sure what you're about to say is right, & also makes sense. From my own little knowledge, SEC is an American company, and for a very long time it has been standing against crypto currencies. Lately, they've been making serious moves against Binance itself and they even (tried) suing Binance either earlier this month, or late last month. This not my field as I don't do crypto trading, but I just try to have a vague idea of major happening around the globe. Them trying to ban Binance Nigeria Is just crazy because firstly, from what I know so far, SEC is an American organisation and not an International one, also this might just be a manipulation because it seems they just want to make their US dollars valuable again. I too don't really like Tinubu, but this is not his doings. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by lavylilly: 12:44pm On Jun 10, 2023 |
chaseblack:join m y c r y p t o n g on telegram |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Iyasaburi: 12:48pm On Jun 10, 2023 |
GENES11S: Did you understand the situation at all? Your banks cannot provide you with dollar at the regulated price and you expect the crypto companies to give it to you at the regulated price. Tell me who is destroying the country. Mind you, it is the banks that round trip the dollars given to them by the CBN through the abokis that are the major problem Nigeria has |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by georgeakins: 12:53pm On Jun 10, 2023 |
Finestgurlie: Obi can never be president of Nigeria. Jagaban is the president for the next four years. Any disaffected person should jump into the lagoon. 1 Like |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by agentarcher(m): 12:54pm On Jun 10, 2023 |
mariovito: How is crypto a sign of progress? Explain with valid points. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by GENES11S: 1:00pm On Jun 10, 2023 |
masseratti: The bolded paragraph almost made me not to reply your comment because it shows you are ignorant. It's not an insult, you may be well educated in other subjects but economics is not one of them. And you don't understand what am saying. I said cryto exchange rate for developed countries to other countries currencies (non digital). Am not talking about Bitcoin vs dollar or Bitcoin vs pound sterling etc. Am talking about Naira vs dollar, Cad vs Dollar, dollar vs pound sterling etc in cryto trading. In developed countries where Crypto is allowed to operate, the countries official exchange rate is adopted is such trade. Take note that I use the term developed countries. If you say am wrong, mention a developed country where Crypto flout the exchange rate and are allowed to operate. No long talk, just give me an example with proof. In developed countries, any financial institution that doesn't obey the exchange rate or other financial policies are kicked out immediately. Because that's were currency devaluation start from. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by David160(m): 1:01pm On Jun 10, 2023 |
doyin01: Binance Nigeria is the Nigeria subsidiary of Binance... You Tinubu supporters are dumb, useless and stupid... Worthless hag |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by thatigboman: 1:01pm On Jun 10, 2023 |
priceactionx: |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by NOwazobia: 1:01pm On Jun 10, 2023 |
It is all for the taxes, and a little about money laundering. The new approval was under tax remittance, and this cannot happen without exchanges registering as organisation, after all, CEX are actually organisation. Binance shot it self when they decided to carve a section for the Nigeria Market labelled Binance Nigeria, and already started activating functionalities that concerns the Nigerian Market, courtesy of the New law. It is Binance, not Crypto. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by johnjose68: 1:03pm On Jun 10, 2023 |
Finestgurlie:If dem carry you go prison now, you will say na your grandma dey your matter, and those you are trying to impress will forget about you like they did to Nnamdi kanu and suddenly became in love with pitobi. Try and buy yourself a brain when it is still cheap. On ASIWAJU's mandate I stand |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Britishpea: 1:03pm On Jun 10, 2023 |
Finestgurlie: Pessimist. Na you go fail same way your parents failed. How do you wish bad for the country. If the ladder fails you failed. Those who feel affected by their failures are the ones crying everyone on SM. You don’t even know how SEC works. You are a failure to your little education oldie! |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by GENES11S: 1:03pm On Jun 10, 2023 |
Iyasaburi: All Banks trade dollar at CBN rate. Stop spreading fake news. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by walezy14(m): 1:05pm On Jun 10, 2023 |
Finestgurlie: So, all your prayer is for this government to fail? It will not failed in Jesus name. Negative thought thinker . |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by sexuential: 1:05pm On Jun 10, 2023 |
GENES11S: Speak of what you are grounded in or else seal Ur lips. You points mentioned above shows that you are speaking from both ends. Do other countries have 2 exchange rates? Do other countries give or sell foreign currency to a selected few and the rest buy from this few? Pls, just review Ur reasoning and get updated on the right knowledge. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by SmartyPants(m): 1:06pm On Jun 10, 2023 |
mariovito: You're asking questions and answering them in the same breath. Nigerians. Such a simple sturvs. Binance ought to go and register. Is that not all? |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by tabaralph: 1:06pm On Jun 10, 2023 |
Finestgurlie:. Tinubu has really tormented your miserable life that you even go off the topics on nairaland, well get your self together because the so called drug barons will rule over you and your like for atleast another 4 years. Now to the topic of the day before you derailed; the SEC said you should not invest in binnacle crypto that they are scammers. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by GENES11S: 1:06pm On Jun 10, 2023 |
Slynation: I like the fact that you went straight to the point, not trying to falsely justify crypto like others are doing. 1 Like |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by onuman: 1:07pm On Jun 10, 2023 |
Finestgurlie: In 2015, Muhammadu Buhari was sentient - his senses of perception functional. In 2023, Bola Tinubu is insentient - his senses of perception dysfunctional. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by GENES11S: 1:08pm On Jun 10, 2023 |
sexuential: Oga mentioned one country (developed country) with proof or keep shut. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by SmartyPants(m): 1:08pm On Jun 10, 2023 |
tabaralph: No, simply that they are not registered. |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Fearyourcreator: 1:09pm On Jun 10, 2023 |
Finestgurlie:Oloriburuku niyin se... Leave Seun go marry your village people... Olofo |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by tabaralph: 1:09pm On Jun 10, 2023 |
SmartyPants:Until they perfect their registration stay clear off pinnacle |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by Firstcitizen: 1:11pm On Jun 10, 2023 |
Antell95: You wan take am do..... |
Re: SEC Bans Binance Nigeria Limited: It Is An Illegal Entity by teeboiyi(m): 1:20pm On Jun 10, 2023 |
Crypto trading is a risk on its own, the price falls and rise. |
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