Suspicious $26bn Passed Through Binance In One Year – CBN

The Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has said nothing less than $26 billion was moved by unknown sources through Binance Nigeria in one year. Cardoso made this known to journalists after the committee’s meeting at the CBN headquarters in Abuja on Tuesday. Binance is an online exchange where users can trade cryptocurrencies. Cardoso said this while stressing that the CBN was ready to make some aggressive regulations to strengthen the economy, reiterating a clampdown on crypto exchanges — including Binance. In June 2023, the…

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