Advertisement
Global cryptocurrency exchange platform, Binance, will exit the Nigerian market, and discontinue all services for Nigeria’s fiat currency, the naira.
This is coming amid an ongoing regulatory conflict in the country.
The crypto exchange will automatically convert naira balances to USDT from March 8 at 8:00 a.m. UTC, but will cease support for NGN deposits after 14:00 UTC today, 5th March.
Withdrawals will become unsupported after March 8 at 6:00 a.m. UTC.
Advertisement
