Binance Stops Support for Bitcoin NFTs Citing ‘Streamlining’ of Offered Products
Cryptocurrency exchange Binance will cease support for bitcoin-based non-fungible tokens (NFTs) as it undergoes a process to “streamline” its product offerings.
Binary trading platforms with better performance and payouts
Binance
Cryptocurrency exchange Binance will cease support for bitcoin-based non-fungible tokens (NFTs) as it undergoes a process to “streamline” its product offerings.
The local tax watchdog last month filed charges in an Abuja court against Binance and the two executives who were detained in the country.
The two Binance executives held in Nigeria after being invited for consultations filed suit against two government agencies for allegedly violating their human rights.
The exchange was forced to leave Nigeria, and I’m sure it will happen to other crypto companies in other countries, Ray Youssef, CEO of NoOnes, writes.
Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is only free because he seemingly escaped custody.
Two mid-levels executives were detained without charge for more than a month, one escaped. Here’s what we know so far about Nigeria’s legal battle with Binance.
One of two senior Binance executives in government custody has escaped, local media reported over the weekend.
Binance’s fairly new boss Richard Teng has said Bitcoin (BTC) will exceed his previous expectations of hitting the $80,000 mark by the end of this year, according to Bloomberg.
The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry.
Binance Labs now has a disclaimer on its website describing it as “an independent venture and not part of the Binance Group.”