Nigeria's government has blamed cryptocurrency exchange Binance for the naira's recent crash, detaining two of its employees. Authorities accused Binance of illegally moving $26 billion out of the country. This comes after the government's years of currency mismanagement, with the naira's inflation rate at a 28-year high. Nigerians have turned to cryptocurrencies, particularly stablecoins, for dollar exposure. The government's actions, including creating a central bank digital currency, causing a cash shortage, banning and unbanning cryptocurrency, and blocking access to exchanges, have likely deterred companies from doing business in the country. Experts suggest the government should let the market decide the naira's exchange rate and drop its central bank digital currency.