Nigeria arrests Binance executives in renewed crypto crackdown

 Nigeria is currently going after senior executives at Binance as part of its stepped-up crackdown on cryptocurrencies.

According to a Financial Times article, the office of the national security adviser in Nigeria has detained and confiscated the passports of two executives of a cryptocurrency platform who had traveled there after the nation recently imposed restrictions on multiple cryptocurrency trading platforms.

This confirms recent claims that the nation is pursuing cryptocurrency traders in an attempt to control currency speculators.

Additional information subsequently...