Nigeria’s SEC orders that Binance halt operations in the country, deeming them illegal as the local unit is “neither registered nor regulated by the Commission” (Sandali Handagama/CoinDesk)

Nigeria’s SEC orders that Binance halt operations in the country, deeming them illegal as the local unit is “neither registered nor regulated by the Commission” (Sandali Handagama/CoinDesk)

Sandali Handagama / CoinDesk:
Nigeria’s SEC orders that Binance halt operations in the country, deeming them illegal as the local unit is “neither registered nor regulated by the Commission”  —  The order against Binance Nigeria Limited follows U.S. SEC allegations that the exchange had violated federal securities laws.