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ABCON Urges Government Action Against Binance's Naira Pressure

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Jul 8, 2023
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The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Federal Government to halt the activities of Binance within the nation. This call comes after the association recognized Binance as a significant contributor to the pressure on the naira.

As reported by NAN, Alhaji Aminu Gwadebe, the President of ABCON, conveyed this suggestion during an interview in Lagos on Tuesday. Binance functions as a global online exchange, facilitating the daily trading of numerous cryptocurrencies. The platform boasts a wide array of commonly traded cryptocurrencies.
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