Cryptocurrency Exchange Kucoin Suspends P2P Services for Nigerian Naira
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Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian naira, as well as the Fast Buy service via naira cards. The crypto exchange stated that during this period, it will focus on ensuring compliance and creating a more robust and secure environment […]
Nigeria looks to block Binance’s peer-to-peer (P2P) exchange because criminal transactions on the platform have allegedly hurt the naira. The move comes after the central bank introduced a new official exchange rate to encourage foreign investment. Nigeria is considering blocking Binance and other crypto exchanges for alleged foreign exchange market…