Nigeria
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Gambaryan continues to be detained in a Nigerian prison on other charges of money laundering
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The courts adjourned the trials against Binance and Tigran Gambaryan until May 22 and May 23
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Binance and detained exec Tigran Gambaryan may face three court appearances on May 17 after the most recent adjournment pushed another Nigerian trial back
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Binance called the decision to send Tigran Gambaryan to the Kuje correctional facility “outrageous”
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Nigeria and Binance continue to face off, even after Binance pulled support for the naira
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After the Nigerian government threatened fines and possible arrests, Binance announced it planned to end support for the naira
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Nigeria won’t allow regulated crypto trading just yet, but the local watchdog seems okay with tokenized assets
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Nigeria’s central bank is capping cash withdrawals for individuals to $224 a week
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Emerging markets are at the forefront of the CBDC movement because these economies have a unique need for the technology, industry participants say
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Binance has restricted the accounts over AML concerns. All non-law enforcement-related cases are expected to be resolved within two weeks
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