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*🚨⚠️🚨Nigerian Court Fines Crypto Platform Official Gredo $90,000 💸* $BTC $BNB $XRP 🌏⤴️🪙 {spot}(XRPUSDT) {spot}(BNBUSDT) {spot}(BTCUSDT) *Key Developments* 1. Official Gredo fined $90,000 for operating without banking license 🚫 2. Court orders confiscation of 140 million naira from its account 🏦 3. Funds to be transferred to government treasury 💸 *Regulatory Crackdown* 1. Nigeria intensifies cryptocurrency regulation 🌎 2. Securities and Exchange Commission (SEC) issues licenses to select exchanges 📝 3. Central Bank of Nigeria (CBN) lifts ban on crypto transactions 📈 *Industry Impact* 1. Banks and fintechs remain cautious due to conflicting policies 🤔 2. Economic and Financial Crimes Commission (EFCC) freezes 1,000+ crypto-linked accounts ❄️ 3. Regulatory uncertainty affects market growth 📊 *Expert Insights* 1. "Regulation essential for crypto growth." 2. "Clarity needed for banking and fintech engagement." *Conclusion* Official Gredo's fine underscores Nigeria's commitment to regulating cryptocurrencies. While regulatory clarity is crucial, the industry awaits cohesive policies. #CryptocurrencyCulture #Nigeria's #RegulationRevolution #BlockchainBulls
*🚨⚠️🚨Nigerian Court Fines Crypto Platform Official Gredo $90,000 💸*
$BTC $BNB $XRP 🌏⤴️🪙



*Key Developments*

1. Official Gredo fined $90,000 for operating without banking license 🚫
2. Court orders confiscation of 140 million naira from its account 🏦
3. Funds to be transferred to government treasury 💸

*Regulatory Crackdown*

1. Nigeria intensifies cryptocurrency regulation 🌎
2. Securities and Exchange Commission (SEC) issues licenses to select exchanges 📝
3. Central Bank of Nigeria (CBN) lifts ban on crypto transactions 📈

*Industry Impact*

1. Banks and fintechs remain cautious due to conflicting policies 🤔
2. Economic and Financial Crimes Commission (EFCC) freezes 1,000+ crypto-linked accounts ❄️
3. Regulatory uncertainty affects market growth 📊

*Expert Insights*

1. "Regulation essential for crypto growth."
2. "Clarity needed for banking and fintech engagement."

*Conclusion*

Official Gredo's fine underscores Nigeria's commitment to regulating cryptocurrencies. While regulatory clarity is crucial, the industry awaits cohesive policies.

#CryptocurrencyCulture #Nigeria's #RegulationRevolution #BlockchainBulls
#** let *discuss this issue why Nigeria can not deposit again or trade again* #Nigeria's was removed on binance
#** let *discuss this issue why Nigeria can not deposit again or trade again*

#Nigeria's was removed on binance
why Nigeria was removed
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And why can't Nigeria withdrew
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no more trading
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Nigeria currency can't increas
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0 votes • Voting closed
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Bullish
⚡️ #Nigeria's has denied a report of a $10bn fine for Binance, with a presidential adviser saying no such decision has been made. 📈 The price of Floki jumped 100 per cent after the burn offer was accepted. 🤷‍♂️ Jake Czerwinski, legal director at Variant, said it is unlikely that a spot ETH-ETF will be approved this year. 🏠 US SEC spokeswoman Hester Pearce condemned the regulator's approach to cryptocurrency oversight, calling some of its provisions "nonsensical". 🏦 Investment bank Benchmark has a buy recommendation on MicroStrategy shares with a target price of $990. 🟠 The target price for MicroStrategy is based on their assumption that the price of BTC will reach $125,000 by the end of 2025. 💰 Ethereum Layer 2 developer Taiko announced it has raised $15 million in Series A funding ahead of the mainnet launch. 🔥Investment giant BlackRock has already purchased 161,000 BTC worth $10bn to back its Bitcoin-ETF. Follow Me For More Updaate
⚡️ #Nigeria's has denied a report of a $10bn fine for Binance, with a presidential adviser saying no such decision has been made.

📈 The price of Floki jumped 100 per cent after the burn offer was accepted.

🤷‍♂️ Jake Czerwinski, legal director at Variant, said it is unlikely that a spot ETH-ETF will be approved this year.

🏠 US SEC spokeswoman Hester Pearce condemned the regulator's approach to cryptocurrency oversight, calling some of its provisions "nonsensical".

🏦 Investment bank Benchmark has a buy recommendation on MicroStrategy shares with a target price of $990.

🟠 The target price for MicroStrategy is based on their assumption that the price of BTC will reach $125,000 by the end of 2025.

💰 Ethereum Layer 2 developer Taiko announced it has raised $15 million in Series A funding ahead of the mainnet launch.

🔥Investment giant BlackRock has already purchased 161,000 BTC worth $10bn to back its Bitcoin-ETF.

Follow Me For More Updaate
Certainly! Both social media platforms like Twitter and TikTok, as well as cryptocurrencies, contribute to the economy in diverse ways. Social media fosters business promotion, brand awareness, job creation, and information sharing, indirectly impacting economic dynamics. On the other hand, cryptocurrencies offer financial inclusion, streamlined remittances, job opportunities in blockchain-related fields, and innovation. However, it's crucial to consider the nuances and potential challenges associated with both, recognizing their varied roles in shaping economic landscapes. #Nigeria's #Write2Erarn
Certainly! Both social media platforms like Twitter and TikTok, as well as cryptocurrencies, contribute to the economy in diverse ways. Social media fosters business promotion, brand awareness, job creation, and information sharing, indirectly impacting economic dynamics. On the other hand, cryptocurrencies offer financial inclusion, streamlined remittances, job opportunities in blockchain-related fields, and innovation. However, it's crucial to consider the nuances and potential challenges associated with both, recognizing their varied roles in shaping economic landscapes. #Nigeria's #Write2Erarn
The Global impact of cryptocurrency in Countries.Title: The Global Impact of Cryptocurrency Partnerships: A Stepping Stone for DevelopmentIn recent years, the partnership of cryptocurrency in many countries has emerged as a significant catalyst for economic development and innovation. Cryptocurrencies, such as Bitcoin, Ethereum, and others, have transcended borders and traditional financial systems, offering a decentralized and secure alternative for transactions and investments. As these digital assets continue to gain mainstream acceptance, partnerships between governments, businesses, and blockchain companies have paved the way for transformative changes in various economies worldwide.One of the key benefits of cryptocurrency partnerships is financial inclusion. In many developing countries, traditional banking systems are inaccessible to a large portion of the population due to high fees, lack of infrastructure, and stringent requirements. Cryptocurrencies provide a viable solution by enabling individuals to participate in the global economy without the need for a traditional bank account. Through partnerships with local governments and financial institutions, cryptocurrency companies have been able to facilitate easier access to financial services, promote digital literacy, and empower underserved communities.Moreover, cryptocurrency partnerships have also fostered technological innovation and entrepreneurship in many countries. Blockchain technology, the underlying technology behind most cryptocurrencies, has the potential to revolutionize various industries, including finance, supply chain management, healthcare, and more. By collaborating with blockchain startups and fostering a conducive regulatory environment, governments can attract investment, create job opportunities, and drive economic growth through the development of blockchain-based solutions.Furthermore, the transparency and security features of cryptocurrencies have helped combat corruption and fraud in countries where these issues have been prevalent. Through partnerships with blockchain companies, governments can leverage the immutable nature of blockchain to ensure transparency in public transactions, secure land rights, and streamline bureaucratic processes. By digitizing records and implementing smart contracts, countries can reduce inefficiencies, minimize the risk of fraud, and enhance trust in public institutions.Additionally, the adoption of cryptocurrencies has the potential to boost cross-border trade and remittances, further stimulating economic development in participating countries. By partnering with cryptocurrency exchanges and payment processors, governments can facilitate faster and cheaper international transactions, reduce reliance on traditional banking systems, and attract foreign investment. This increased financial connectivity can open up new opportunities for businesses, promote economic diversification, and strengthen global trade relations.Despite the numerous benefits of cryptocurrency partnerships, challenges such as regulatory uncertainty, security risks, and technological barriers remain significant obstacles to widespread adoption. Governments and businesses must work together to address these challenges through robust regulatory frameworks, cybersecurity measures, and education initiatives. By fostering a collaborative ecosystem that encourages innovation and responsible use of cryptocurrencies, countries can harness the full potential of this transformative technology for sustainable development.In conclusion, the partnership of cryptocurrency in many countries has indeed been a stepping stone for development, offering new opportunities for financial inclusion, technological innovation, transparency, and economic growth. By embracing this disruptive technology and fostering strategic collaborations, countries can position themselves at the forefront of the digital economy and pave the way for a more inclusive and prosperous future for all.#TrendingTopic #Write2Eam #CryptocurrencyAwareness #Nigeria's

The Global impact of cryptocurrency in Countries.

Title: The Global Impact of Cryptocurrency Partnerships: A Stepping Stone for DevelopmentIn recent years, the partnership of cryptocurrency in many countries has emerged as a significant catalyst for economic development and innovation. Cryptocurrencies, such as Bitcoin, Ethereum, and others, have transcended borders and traditional financial systems, offering a decentralized and secure alternative for transactions and investments. As these digital assets continue to gain mainstream acceptance, partnerships between governments, businesses, and blockchain companies have paved the way for transformative changes in various economies worldwide.One of the key benefits of cryptocurrency partnerships is financial inclusion. In many developing countries, traditional banking systems are inaccessible to a large portion of the population due to high fees, lack of infrastructure, and stringent requirements. Cryptocurrencies provide a viable solution by enabling individuals to participate in the global economy without the need for a traditional bank account. Through partnerships with local governments and financial institutions, cryptocurrency companies have been able to facilitate easier access to financial services, promote digital literacy, and empower underserved communities.Moreover, cryptocurrency partnerships have also fostered technological innovation and entrepreneurship in many countries. Blockchain technology, the underlying technology behind most cryptocurrencies, has the potential to revolutionize various industries, including finance, supply chain management, healthcare, and more. By collaborating with blockchain startups and fostering a conducive regulatory environment, governments can attract investment, create job opportunities, and drive economic growth through the development of blockchain-based solutions.Furthermore, the transparency and security features of cryptocurrencies have helped combat corruption and fraud in countries where these issues have been prevalent. Through partnerships with blockchain companies, governments can leverage the immutable nature of blockchain to ensure transparency in public transactions, secure land rights, and streamline bureaucratic processes. By digitizing records and implementing smart contracts, countries can reduce inefficiencies, minimize the risk of fraud, and enhance trust in public institutions.Additionally, the adoption of cryptocurrencies has the potential to boost cross-border trade and remittances, further stimulating economic development in participating countries. By partnering with cryptocurrency exchanges and payment processors, governments can facilitate faster and cheaper international transactions, reduce reliance on traditional banking systems, and attract foreign investment. This increased financial connectivity can open up new opportunities for businesses, promote economic diversification, and strengthen global trade relations.Despite the numerous benefits of cryptocurrency partnerships, challenges such as regulatory uncertainty, security risks, and technological barriers remain significant obstacles to widespread adoption. Governments and businesses must work together to address these challenges through robust regulatory frameworks, cybersecurity measures, and education initiatives. By fostering a collaborative ecosystem that encourages innovation and responsible use of cryptocurrencies, countries can harness the full potential of this transformative technology for sustainable development.In conclusion, the partnership of cryptocurrency in many countries has indeed been a stepping stone for development, offering new opportunities for financial inclusion, technological innovation, transparency, and economic growth. By embracing this disruptive technology and fostering strategic collaborations, countries can position themselves at the forefront of the digital economy and pave the way for a more inclusive and prosperous future for all.#TrendingTopic #Write2Eam #CryptocurrencyAwareness #Nigeria's
🚨Breaking: #Nigeria's government seeks $10B from #Binance   , following the halt of #P2P and crypto services in the country. The demand stems from allegations of the #exchange benefiting from "illegal transactions." Stay tuned for updates. #CryptoNews #Blockchain #Portal $BTC $BNB
🚨Breaking: #Nigeria's government seeks $10B from #Binance   , following the halt of #P2P and crypto services in the country. The demand stems from allegations of the #exchange benefiting from "illegal transactions." Stay tuned for updates. #CryptoNews #Blockchain
#Portal $BTC $BNB
Dear Nigerians, FG Have made there decision🥺⬇️ but it’s not over yet 💪#Nigeria's #NigeriaStandsStrong
Dear Nigerians, FG Have made there decision🥺⬇️ but it’s not over yet 💪#Nigeria's #NigeriaStandsStrong
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Following a recent court ruling in Illinois, US, that classified Bitcoin and Ethereum as commodities, stakeholders in Nigeria are urging the country's Securities and Exchange Commission (SEC) to adopt a similar stance. This move is driven by the need for clarity and proper categorization as cryptocurrencies become more integral to the global financial landscape. Lucky Uwakwe, Chairman of the Blockchain Industry Coordinating Committee of Nigeria (BICCoN), emphasized the importance of clear guidelines. He suggested that the Nigerian SEC should define asset classes for cryptocurrencies and explain their classifications as either securities or commodities, which would help creators understand the regulatory requirements. In Nigeria, digital commodities have not received as much attention as physical commodities, which the Commodity Board has traditionally focused on. However, several government agencies, including the Central Bank of Nigeria (CBN), the SEC, the Federal Inland Revenue Service (FIRS), and the National Security Adviser (NSA), have shown interest in the regulatory aspects of cryptocurrencies. Oladotun Wilfred Akangbe, Chief Marketing Officer of Flincap, highlighted the multifaceted nature of cryptocurrencies like Bitcoin and Ethereum, noting their significant value as assets. He argued that the SEC should focus on their use as fundraising tools, such as in initial coin offerings (ICOs). Local crypto analyst Rume Ofi also pointed out that each cryptocurrency is unique and should be individually assessed to determine its classification as a security or commodity. By classifying Bitcoin and Ethereum as commodities, the Nigerian SEC could provide much-needed clarity and stability to the market, fostering innovation while ensuring regulatory compliance. $BTC $ETH $ICP #SEC败诉 #ETH_ETFs_Approval_Predictions #NigeriaCrypto #Nigeria's #BTC☀
Following a recent court ruling in Illinois, US, that classified Bitcoin and Ethereum as commodities, stakeholders in Nigeria are urging the country's Securities and Exchange Commission (SEC) to adopt a similar stance. This move is driven by the need for clarity and proper categorization as cryptocurrencies become more integral to the global financial landscape.

Lucky Uwakwe, Chairman of the Blockchain Industry Coordinating Committee of Nigeria (BICCoN), emphasized the importance of clear guidelines. He suggested that the Nigerian SEC should define asset classes for cryptocurrencies and explain their classifications as either securities or commodities, which would help creators understand the regulatory requirements.

In Nigeria, digital commodities have not received as much attention as physical commodities, which the Commodity Board has traditionally focused on. However, several government agencies, including the Central Bank of Nigeria (CBN), the SEC, the Federal Inland Revenue Service (FIRS), and the National Security Adviser (NSA), have shown interest in the regulatory aspects of cryptocurrencies.

Oladotun Wilfred Akangbe, Chief Marketing Officer of Flincap, highlighted the multifaceted nature of cryptocurrencies like Bitcoin and Ethereum, noting their significant value as assets.
He argued that the SEC should focus on their use as fundraising tools, such as in initial coin offerings (ICOs). Local crypto analyst Rume Ofi also pointed out that each cryptocurrency is unique and should be individually assessed to determine its classification as a security or commodity.

By classifying Bitcoin and Ethereum as commodities, the Nigerian SEC could provide much-needed clarity and stability to the market, fostering innovation while ensuring regulatory compliance. $BTC $ETH $ICP

#SEC败诉 #ETH_ETFs_Approval_Predictions #NigeriaCrypto #Nigeria's #BTC☀
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Concerns Mount Over Binance Executive's Health During Detention in Nigeria !! Binance executive Tigran Gambaryan, detained in Nigeria for six months on financial crime charges, is experiencing severe health issues due to untreated medical conditions and negligence. His family reports he can no longer walk and is denied a wheelchair. #Nigeria's #BinanceSquareFamily #DOGSONBINANCE #PowellAtJacksonHole #CryptoMarketMoves
Concerns Mount Over Binance Executive's Health During Detention in Nigeria !!

Binance executive Tigran Gambaryan, detained in Nigeria for six months on financial crime charges, is experiencing severe health issues due to untreated medical conditions and negligence. His family reports he can no longer walk and is denied a wheelchair.

#Nigeria's #BinanceSquareFamily #DOGSONBINANCE #PowellAtJacksonHole #CryptoMarketMoves
Nigerian Civil Society Groups Praise Crypto Tax Proposal #Nigeria's #NigerianTraders #CryptoNewss #CryptoDawar #Crypto_Jobs🎯 A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal Inland Revenue Service, to include cryptocurrencies in the tax system. The CSOs believe this move will boost confidence in the crypto market and attract foreign investors. The CSOs believe a regulatory framework specifically designed for cryptocurrency trading is crucial for the effective management of the sector.
Nigerian Civil Society Groups Praise Crypto Tax Proposal

#Nigeria's #NigerianTraders #CryptoNewss #CryptoDawar
#Crypto_Jobs🎯

A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal Inland Revenue Service, to include cryptocurrencies in the tax system. The CSOs believe this move will boost confidence in the crypto market and attract foreign investors. The CSOs believe a regulatory framework specifically designed for cryptocurrency trading is crucial for the effective management of the sector.
#Binance has launched their very own Telegram game $MOONBIX , but sadly, not available to all region .. but here's a way out "USE VPN " 👇Here are steps on how to get started 👇 STEPS 1 DOWNLOAD VPNIFY 2 Set your location to France (it's free) 3 Click on this link : https://t.me/Binance_Moonbix_bot/start?startApp=ref_6258699596&startapp=ref_6258699596&utm_medium=web_share_copy complete tasks and get rewarded 🎉 ENJOY THE GAME!!! #Nigeria's #HamsterKombat #dogsbinance #CatizenAI
#Binance has launched their very own Telegram game $MOONBIX , but sadly, not available to all region .. but here's a way out "USE VPN "

👇Here are steps on how to get started 👇

STEPS
1 DOWNLOAD VPNIFY
2 Set your location to France (it's free)
3 Click on this link : https://t.me/Binance_Moonbix_bot/start?startApp=ref_6258699596&startapp=ref_6258699596&utm_medium=web_share_copy

complete tasks and get rewarded 🎉
ENJOY THE GAME!!!

#Nigeria's #HamsterKombat #dogsbinance #CatizenAI
⚖️ Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status ⚖️ - Crypto Advocate James Utudor: - Filed a landmark lawsuit against the Nigerian government on Aug. 9. - Challenging restrictions on owning, using, and trading digital assets like Bitcoin (BTC) and stablecoins. - Defendants: Nigerian Presidency, Finance Minister, Attorney General, Central Bank, SEC, EFCC, Nigerian Police Force, NITDA, NCC. - Key Claims: - Fundamental Rights Violation: Restrictions infringe on Nigerians' rights to own and trade digital assets. - Impact on Residents: Denying access to crypto hinders Nigerians from using essential tools to hedge against inflation and facilitate international transactions. - Government's Stance: - Authorities implemented restrictions in early 2024 to curb crypto trade. - Accused global exchanges, including Binance, of enabling activities that contribute to the naira's depreciation and tax evasion. - Lawsuit Goals: - Lift Crypto Ban: Ensure unrestricted access to cryptocurrency exchanges for all Nigerians. - BTC as a Commodity: Seeks court recognition of Bitcoin (BTC) as a commodity, affirming the rights of BTC and USDT holders. 💬 What’s your take on this legal challenge? Will it succeed in overturning Nigeria's crypto ban? Share your thoughts in the comments! #Nigeria's #BTC☀
⚖️ Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status ⚖️

- Crypto Advocate James Utudor:
- Filed a landmark lawsuit against the Nigerian government on Aug. 9.
- Challenging restrictions on owning, using, and trading digital assets like Bitcoin (BTC) and stablecoins.
- Defendants: Nigerian Presidency, Finance Minister, Attorney General, Central Bank, SEC, EFCC, Nigerian Police Force, NITDA, NCC.

- Key Claims:
- Fundamental Rights Violation: Restrictions infringe on Nigerians' rights to own and trade digital assets.
- Impact on Residents: Denying access to crypto hinders Nigerians from using essential tools to hedge against inflation and facilitate international transactions.

- Government's Stance:
- Authorities implemented restrictions in early 2024 to curb crypto trade.
- Accused global exchanges, including Binance, of enabling activities that contribute to the naira's depreciation and tax evasion.

- Lawsuit Goals:
- Lift Crypto Ban: Ensure unrestricted access to cryptocurrency exchanges for all Nigerians.
- BTC as a Commodity: Seeks court recognition of Bitcoin (BTC) as a commodity, affirming the rights of BTC and USDT holders.

💬 What’s your take on this legal challenge? Will it succeed in overturning Nigeria's crypto ban? Share your thoughts in the comments!

#Nigeria's #BTC☀
The Next Big Money-Making Trends: Beyond Cryptocurrency Staying ahead of the curve is essential to discovering the next lucrative opportunity. While cryptocurrencies have dominated the scene, these emerging fields promise new prospects for financial growth: 1. Web3 and Decentralized Technologies: Blockchain innovations in decentralized finance (DeFi), autonomous organizations (DAOs), and applications (dApps) could redefine digital interactions and business. 2. Artificial Intelligence: AI is transforming industries like healthcare and entertainment, offering enormous potential for advancements in autonomous vehicles, personalized medicine, and content creation. 3. Quantum Computing: Though still early, quantum computing could revolutionize sectors like cryptography and drug discovery, presenting new avenues for investment and innovation. 4. Space Technology: Opportunities abound in space tourism, asteroid mining, and satellite technology as private companies advance in space exploration. 5. Sustainable Technologies: Climate change solutions such as green technology, renewable energy, and carbon capture attract attention and investments. 6. Metaverse and Virtual Reality: Virtual reality offers fresh opportunities in virtual real estate, digital goods, and immersive experiences, becoming a new frontier for entertainment and social interaction. 7. Health and Biotech Innovations: Advances in biotechnology and personalized medicine offer transformative potential in healthcare, from gene editing to cell therapy. 8. Digital Identity and Security: As our lives become increasingly digital, secure digital identity and cybersecurity solutions could present new opportunities in biometrics and identity verification. Stay informed and proactive in these areas to seize opportunities and position yourself for financial success! #altcoins #BlackRock #Nigeria's #buythedip #ElonsMusk
The Next Big Money-Making Trends: Beyond Cryptocurrency

Staying ahead of the curve is essential to discovering the next lucrative opportunity. While cryptocurrencies have dominated the scene, these emerging fields promise new prospects for financial growth:

1. Web3 and Decentralized Technologies: Blockchain innovations in decentralized finance (DeFi), autonomous organizations (DAOs), and applications (dApps) could redefine digital interactions and business.

2. Artificial Intelligence: AI is transforming industries like healthcare and entertainment, offering enormous potential for advancements in autonomous vehicles, personalized medicine, and content creation.

3. Quantum Computing: Though still early, quantum computing could revolutionize sectors like cryptography and drug discovery, presenting new avenues for investment and innovation.

4. Space Technology: Opportunities abound in space tourism, asteroid mining, and satellite technology as private companies advance in space exploration.

5. Sustainable Technologies: Climate change solutions such as green technology, renewable energy, and carbon capture attract attention and investments.

6. Metaverse and Virtual Reality: Virtual reality offers fresh opportunities in virtual real estate, digital goods, and immersive experiences, becoming a new frontier for entertainment and social interaction.

7. Health and Biotech Innovations: Advances in biotechnology and personalized medicine offer transformative potential in healthcare, from gene editing to cell therapy.

8. Digital Identity and Security: As our lives become increasingly digital, secure digital identity and cybersecurity solutions could present new opportunities in biometrics and identity verification.

Stay informed and proactive in these areas to seize opportunities and position yourself for financial success!
#altcoins #BlackRock #Nigeria's #buythedip #ElonsMusk
A minute of silent for all those who bought US dollars at the rate of #1,870 per dollar ,hoping to sell at #10,000 per dollar by the end of March. And 30 minutes of silence for those that never wants naira to gain strength, that also don’t know the effect of naira losing strength on the Nigerian economy. #HotTrends #Write2Erarn #write2earn…. #nigeriaP2P #Nigeria's
A minute of silent for all those who bought US dollars at the rate of #1,870 per dollar ,hoping to sell at #10,000 per dollar by the end of March.

And 30 minutes of silence for those that never wants naira to gain strength, that also don’t know the effect of naira losing strength on the Nigerian economy.

#HotTrends #Write2Erarn #write2earn…. #nigeriaP2P #Nigeria's
BREAKING: Binance to Discontinue All Nigerian Naira (NGN) Services 🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬 Dear Binancian,Binance will discontinue all Nigerian Naira (NGN) services as per the timeline below.Users are encouraged to withdraw NGN, trade their NGN assets or convert NGN into crypto prior to the discontinuation of these NGN services. This affects NGN services only, you can continue to make use of services and products for other available cryptocurrencies. - Binance will not support deposits of NGN after 2024-03-05 14:00 (UTC). - Binance Auto-Invest will delist NGN after 2024-03-06 03:00 (UTC).- Binance will remove NGN from the list of supported payment options on Binance Pay at 2024-03-06 03:00 (UTC).- Binance Convert will delist NGN and all corresponding pairs at 2024-03-07 02:00 (UTC).- NGN Spot Trading pairs (i.e.,BTC/NGN and USDT/NGN) will be delisted at 2024-03-07 03:00 (UTC).- Withdrawals of NGN will not be supported after 2024-03-08 06:00 (UTC).Binance will convert any remaining NGN balances in users’ Spot and Funding wallets into USDT on behalf of users at a ratio of 1 USDT = 1,515.13 NGN  after 2024-03-08 08:00 (UTC).Please note:- Please note that the conversion rate is calculated based on the average closing price of the USDT/NGN trading pair on Binance Spot in the last seven days. - The conversion may take approximately up to 24 hours or longer. USDT tokens will be credited to users’ Spot wallets thereafter, and users can confirm receipt of the tokens via the Convert History page. - If users hold less than 0.00000001 USDT worth of NGN in their Spot and Funding wallets, they will each receive 0.00000001 USDT in their Spot wallets after the conversion.We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.🚨 Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. #TrendingTopic #Nigeria's #nigeriaP2P #ETH #TrendingTopic Binance Team.

BREAKING: Binance to Discontinue All Nigerian Naira (NGN) Services 🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬

Dear Binancian,Binance will discontinue all Nigerian Naira (NGN) services as per the timeline below.Users are encouraged to withdraw NGN, trade their NGN assets or convert NGN into crypto prior to the discontinuation of these NGN services. This affects NGN services only, you can continue to make use of services and products for other available cryptocurrencies. - Binance will not support deposits of NGN after 2024-03-05 14:00 (UTC). - Binance Auto-Invest will delist NGN after 2024-03-06 03:00 (UTC).- Binance will remove NGN from the list of supported payment options on Binance Pay at 2024-03-06 03:00 (UTC).- Binance Convert will delist NGN and all corresponding pairs at 2024-03-07 02:00 (UTC).- NGN Spot Trading pairs (i.e.,BTC/NGN and USDT/NGN) will be delisted at 2024-03-07 03:00 (UTC).- Withdrawals of NGN will not be supported after 2024-03-08 06:00 (UTC).Binance will convert any remaining NGN balances in users’ Spot and Funding wallets into USDT on behalf of users at a ratio of 1 USDT = 1,515.13 NGN  after 2024-03-08 08:00 (UTC).Please note:- Please note that the conversion rate is calculated based on the average closing price of the USDT/NGN trading pair on Binance Spot in the last seven days. - The conversion may take approximately up to 24 hours or longer. USDT tokens will be credited to users’ Spot wallets thereafter, and users can confirm receipt of the tokens via the Convert History page. - If users hold less than 0.00000001 USDT worth of NGN in their Spot and Funding wallets, they will each receive 0.00000001 USDT in their Spot wallets after the conversion.We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.🚨 Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. #TrendingTopic #Nigeria's #nigeriaP2P #ETH #TrendingTopic Binance Team.
#Nigeria's SEC Crackdown: Nigeria's Securities and Exchange Commission (SEC) plans to enforce actions against unregulated cryptocurrency firms. The #SEC aims to ensure all crypto operators comply with the country's regulations. Licensing of Crypto Exchanges: The SEC has begun issuing licenses to compliant exchanges, including Quidax and Busha. Five other firms are currently testing their business models under the Regulatory Incubation Program (RI). Regulatory Incubation Program (RI): The RI Program was introduced to allow firms operating before the May 2022 crypto regulations to test their products and technologies under SEC supervision. Blocking of Some Exchanges: Despite the move towards regulation, some exchanges have been blocked in Nigeria, while others, like #Coinbase , remain accessible. Binance Legal Drama: The ongoing legal disputes involving #Binance executives, including the prolonged detention of a Binance executive, Tigran Gambaryan, have raised concerns. BICCoN warns this could harm Nigeria's #blockchain ecosystem and deter potential investors. Balance Between Regulation and Innovation: While the SEC aims to enforce regulation, it asserts that it will not hinder innovation, emphasizing that a regulated market is crucial for growth. International Attention: US lawmakers have expressed concern over Gambaryan’s detention and health conditions in Nigerian custody. Despite being cleared of tax evasion charges, Gambaryan faces separate money laundering accusations.
#Nigeria's SEC Crackdown: Nigeria's Securities and Exchange Commission (SEC) plans to enforce actions against unregulated cryptocurrency firms. The #SEC aims to ensure all crypto operators comply with the country's regulations.

Licensing of Crypto Exchanges: The SEC has begun issuing licenses to compliant exchanges, including Quidax and Busha. Five other firms are currently testing their business models under the Regulatory Incubation Program (RI).

Regulatory Incubation Program (RI): The RI Program was introduced to allow firms operating before the May 2022 crypto regulations to test their products and technologies under SEC supervision.

Blocking of Some Exchanges: Despite the move towards regulation, some exchanges have been blocked in Nigeria, while others, like #Coinbase , remain accessible.

Binance Legal Drama: The ongoing legal disputes involving #Binance executives, including the prolonged detention of a Binance executive, Tigran Gambaryan, have raised concerns. BICCoN warns this could harm Nigeria's #blockchain ecosystem and deter potential investors.

Balance Between Regulation and Innovation: While the SEC aims to enforce regulation, it asserts that it will not hinder innovation, emphasizing that a regulated market is crucial for growth.

International Attention: US lawmakers have expressed concern over Gambaryan’s detention and health conditions in Nigerian custody. Despite being cleared of tax evasion charges, Gambaryan faces separate money laundering accusations.
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Bullish
Alas! 😔 It's like #Binance has removed one of my favorite features off the Nigerian radar - word of the day quiz is no longer in my region 😕😞 #cryptowodl not available on #Nigeria's radar!
Alas! 😔

It's like #Binance has removed one of my favorite features off the Nigerian radar - word of the day quiz is no longer in my region 😕😞

#cryptowodl not available on #Nigeria's radar!
Ever since the Nigerian Government accused Binance and it's users to be the cause of dollars rising. They succeeded in banning Nigerians from trading with the platform, but the Naira is not going down, rather is still climbing slowly. So what could be the real reason behind all these? Is it that they just want to extort money from Binance? Punish crypto traders for no reason? Just want to make excuses to hide their incompetency? Because they are the ones keeping their money in dollars, selling our raw materials in dollars, setting their budgets and contracts in dollars. Meanwhile no industry to employ the citizens, we not producing anything. People are jobless..... are they nor seeing all these things? #TrendingTopic #Nigeria's #nigeriaP2P #DOLLAR/NAIRA
Ever since the Nigerian Government accused Binance and it's users to be the cause of dollars rising.

They succeeded in banning Nigerians from trading with the platform, but the Naira is not going down, rather is still climbing slowly.

So what could be the real reason behind all these? Is it that they just want to extort money from Binance? Punish crypto traders for no reason? Just want to make excuses to hide their incompetency?

Because they are the ones keeping their money in dollars, selling our raw materials in dollars, setting their budgets and contracts in dollars.

Meanwhile no industry to employ the citizens, we not producing anything. People are jobless..... are they nor seeing all these things?

#TrendingTopic #Nigeria's #nigeriaP2P #DOLLAR/NAIRA
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