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Nairaland Forum / Nairaland / General / Business / FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times (37582 Views)
Forex Crisis: FG Plans Clampdown On Binance, other Crypto Firms - Premium Times / Femi Otedola: Tony Elumelu Has Backstabbed Me Many Times - Premium Times / FG Blocks Mobile Payment, Telecoms Network Access To Online Loan Firms (2) (3) (4)
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FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by References1: 8:04pm On Feb 21 |
The Nigerian government has blocked the online platforms of Binance and other crypto firms to avert what it considers continuous manipulation of the forex market and illicit movement of funds. https://www.premiumtimesng.com/business/670511-forex-crisis-nigerian-govt-blocks-binance-octafx-coinbase-others.html?fbclid=IwAR0KcvS7CTaFAcMsoeNnhW2YRLqNMrGdugb_c3Wf5_1bHB6yyLgeYXdrq6g Previous Thread: https://www.nairaland.com/8007407/forex-crisis-fg-plans-clampdown 11 Likes 5 Shares
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Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by muzically(m): 8:05pm On Feb 21 |
Mumu 35 Likes |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by mmafhew(m): 8:05pm On Feb 21 |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by gaby(m): 8:06pm On Feb 21 |
Clutching at straws... Make dem go block VPNs too na Dull, brainless people in power. 209 Likes 10 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by Felimax(m): 8:13pm On Feb 21 |
Makes it all the more interesting! We are in Nigeria but we can choose to be anywhere, do you get? 164 Likes 7 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by Elliotwaveforec: 8:14pm On Feb 21 |
Way to go! Action President. 25 Likes 6 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by Ebubu2: 8:16pm On Feb 21 |
VPN to the rescue. Idiots Politicians and CBN staff are all hoarding millions of Dollar hard notes in their homes and vaults, you’re chasing broke bois. Change begins with you 213 Likes 6 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by MrPADDY(m): 8:16pm On Feb 21 |
But VPN, RDP, Socks5 and co are still available. Modified: Not advocating for the use of proxy tool if it goes against the law. 45 Likes 2 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by StOla: 8:32pm On Feb 21 |
Good! A country that does not know economic security will learn the hard way like Nigeria is doing now. Nigeria needs to reach out and learn from countries that have mastered the art of economic control and economic security. In Nigeria anything goes. Some even think it is their fundamental right to save up dollars inside Nigeria. Left to me anyone who is not getting foreign remittances into their domiciliary account, should have any dollars they have stacked up till now, converted at a rate of $1 = N1. If you have stacked up $20,000 within Nigeria, my government will convert it to N20,000 for you. It is obvious you have more than enough to be contributing to the economic terrorism that is going on within the country, so we will help you with a conversion tax that will make you love your own Naira. Na now the government begin wake up that you do not show mercy to wicked Nigerians. 88 Likes 14 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by StOla: 8:33pm On Feb 21 |
gaby: Many like you actually do not want a solution. You just yap day and night hungry for more economic downfall. 97 Likes 9 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by Validated: 8:34pm On Feb 21 |
So Emefiele was right to have closed Abokifx afterall. Yoruba ronù ooo! 30 Likes 2 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by StOla: 8:34pm On Feb 21 |
Ebubu2: Both broke boys and the politicians will meet the same fate as economic saboteurs. 23 Likes 2 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by StOla: 8:36pm On Feb 21 |
Apart from Binance, other platforms such as Forextime, OctaFX, Crypto, FXTM, Coinbase, Kraken, among others, were equally blocked. Block them all. Na those wey chop Nigeria money both by stealing and by working good jobs, dey still carry our Naira dey buy dollars. 11 Likes 3 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by TruthsFM: 8:37pm On Feb 21 |
References1: still it won’t stop naira to decreased. Cardoso is just confused here. In Emefiele time, he never banned Binance and other crypto wallets. It’s in Cardoso time that Binance website is been banned. I will used VPN to open it and check the dollar rate on my verified Binance account. Dey play Cardoso 85 Likes 1 Share |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by TruthsFM: 8:38pm On Feb 21 |
Validated:did it stop the increase of naira rate to dollar in the black market niii. Dey play here 8 Likes 1 Share |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by killsmith(f): 8:43pm On Feb 21 |
The devil cometh to kill steal and destroy. 44 Likes 2 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by kcprince: 8:58pm On Feb 21 |
How come the app is still working ? This is another bad move against the naira. Because if i cannot hedge against inflation with usdt any more I will have no choice than to use physical dollar to hedge and I believe others previously hedging with usdt will do same. Now tell me what will eventually happen to the black market rate? Your Guess is as good as mine. Our leaders don't understand demand and supply, currency 26 Likes 1 Share |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by VinnyBaba: 9:04pm On Feb 21 |
This APC/Tinubu Gazelle Gagaraga govt don Kolo! They are So Cornfused right now. 7 Likes 1 Share |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by PlutoChief: 9:04pm On Feb 21 |
Na them be Nigeria problem? 1 Like |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by Konquest: 9:04pm On Feb 21 |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by gratiaeo(m): 9:04pm On Feb 21 |
Failed government 16 Likes |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by ClearFlair: 9:04pm On Feb 21 |
Let's see if this solves the problem 4 Likes |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by tuoyoojo(m): 9:04pm On Feb 21 |
The fg knows what to do but rather they refuse to go after those who are the cause of the problem Who are the people mopping up the forex . are they not politicians How do u improve the economy Go from consumption to production. Invest in agriculture, improve secuity, ensure local production for exportation, improve power reduce the luxurious live styles of government, let the masses see ur sincerity that you are not paying lip services to their plight and see how things would change Above all kill corruption. Use a few top rated people as examples and see how the country would fall in line but alas he that comes to equity must come with clean hands Buhari did all these knee jerk response during his time. Where did it lead us to The govt keep doing the same things and expecting different responses. Kole werk 32 Likes |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by ATEAMS: 9:05pm On Feb 21 |
Omoh |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by eteebanky1: 9:05pm On Feb 21 |
This is commendable I totally support this ban This same people trading crypto are the same unfortunate people blaming the government for incompetency Fools Nice one from the government 29 Likes 2 Shares |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by Jamiubond009(m): 9:05pm On Feb 21 |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by ClearFlair: 9:05pm On Feb 21 |
Elliotwaveforec: Nawa o |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by Konquest: 9:05pm On Feb 21 |
MrPADDY: |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by LaziestYouth: 9:05pm On Feb 21 |
Chasing Shadow 4 Likes |
Re: FG Blocks Binance, Coinbase, Octafx, Kraken, Other Crypto Firms - Premium Times by Jamiubond009(m): 9:05pm On Feb 21 |
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