Nigeria Detains Binance Executives in Overseas Tax Crackdown
- World’s biggest crypto exchange under fire amid FX crackdown
- Nigeria missing out on revenue from unregistered operations
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Nigerian authorities have detained two Binance Holdings Ltd. executives, days after the central bank governor said that the nation is losing out on taxes from unregistered crypto exchanges.
The two were intercepted by national security officers after arriving in the country on the grounds that Binance operates illegally in Nigeria, according to people familiar with the mater.