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Ethereum
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$2,438.74 2.51659
Ethereum price
BNB
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$572.15 1.97034
BNB price
Solana
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$145.60 5.0751
Solana price
XRP
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$0.539105 1.94972
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Shiba Inu
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$0.0000176 5.61053
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Pepe
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$0.0000098 5.56014
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Bonk
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$0.0000214 6.28238
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Bitcoin
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$62,404.00 3.80833
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Ethereum
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$2,438.74 2.51659
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BNB
BNB (BNB)
$572.15 1.97034
BNB price
Solana
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$145.60 5.0751
Solana price
XRP
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$0.539105 1.94972
XRP price
Shiba Inu
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$0.0000176 5.61053
Shiba Inu price
Pepe
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$0.0000098 5.56014
Pepe price
Bonk
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$0.0000214 6.28238
Bonk price
Bitcoin
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$62,404.00 3.80833
Bitcoin price
Ethereum
Ethereum (ETH)
$2,438.74 2.51659
Ethereum price
BNB
BNB (BNB)
$572.15 1.97034
BNB price
Solana
Solana (SOL)
$145.60 5.0751
Solana price
XRP
XRP (XRP)
$0.539105 1.94972
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 5.61053
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000098 5.56014
Pepe price
Bonk
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$0.0000214 6.28238
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Nigeria’s SEC proposes guidelines for crypto firms to fight criminals

News
Nigeria’s SEC proposes guidelines for crypto firms to fight criminals

The Nigerian securities regulatory authority has introduced new guidelines for crypto service providers.

According to local reports, Nigeria’s SEC is moving to block criminals from interacting with the capital markets. New SEC guidance will ensure that criminals are not registered as operators in the capital markets, although it is unclear how criminality will be investigated.

The guidance, which includes anti-money laundering (AML) and counter-terrorism financing (CFT) regulations, aims to prevent criminals from accessing the country’s capital market.

“The SEC has also developed a new AML/CFT/CPF onboarding manual for licensing/registration and ongoing screening of Digital and VASP Beneficial Owners to ensure that criminals are not registered as operators in the capital market.”

SEC statement

The restrictions come amid an ongoing investigation by Nigerian authorities into Binance, which is accused of illegal activities in the country and manipulation of the naira exchange rate.

Users in Nigeria began reporting about this the day before. Representatives of the largest crypto exchange sent emails to Nigerian users. They noted that they know the current situation and actively interact with Nigerian regulatory authorities.

Nigerian security agencies also detained two exchange employees. The Binance employees could face charges of currency manipulation, tax evasion, and illegal transactions.

Binance later stopped all Nigerian naira services.