Human

Gemini

Bank AI

Security

<ul>
 <li>The two Binance executives were detained without warning three weeks ago.</li>
 <li>Since no charges have been filed in three weeks, BAK is pleading for release of executives.</li>
</ul>
In an effort to secure the release of the <a href="https://thenewscrypto.com/crypto-exchange-binance-offers-5m-reward-for-insider-trading-info/" target="_blank" rel="noopener noreferrer nofollow">Binance</a> executives currently jailed in Nigeria, officials from the Nigerian High Commission in Kenya were met with by the Blockchain Association of Kenya (<a href="https://ke.linkedin.com/company/blockchainassociationofkenya" target="_blank" rel="noopener noreferrer nofollow">BAK</a>). Nadeem Anjarwalla is a member of the group and a colleague of Binance’s who is now detained in the nation; according to local media reports, the association has filed an urgent petition for his release.
The two Binance executives who were detained without warning three weeks ago by the National Security Adviser’s (<a href="https://situationroomng.org/office-of-the-national-security-adviser-crisis-emergency-numbers/" target="_blank" rel="noopener noreferrer nofollow">NSA</a>) office form the basis of the appeal. Human rights, fair principles, and due process are called into doubt by the lengthy imprisonment, according to the statement.
<h3 class="wp-block-heading" id="h-no-charges-filed-in-three-weeks">No Charges Filed in Three Weeks</h3>
In addition, the group is worried about how new regulations would affect the blockchain industry in the region. Most notably in the areas of policy making and rulemaking, African nations have recently achieved great strides in <a href="https://thenewscrypto.com/web3-gaming-needs-to-focus-on-sustainable-economies/" target="_blank" rel="noopener noreferrer nofollow">web3</a> advances.
In response to the country’s persistently high ranking in cryptocurrency trading volumes, the Central Bank of Nigeria removed the prohibition on financial institutions using cryptocurrency transactions last year. The status of digital asset stakeholders negotiating with the government without violating local rules also aroused eyebrows.
Also, the group brought Nadeem’s prior work in promoting ethical leadership in Kenya and elsewhere on the African continent to the notice of the Commission. Since no charges have been filed in three weeks, BAK is pleading with the authorities to release Nadeem immediately and guarantee his safety, as well as that of his colleague at Binance.
Highlighted Crypto news Today:
<a href="https://thenewscrypto.com/genesis-settles-with-u-s-sec-for-21m-over-gemini-earn-program/" target="_blank" rel="noopener noreferrer nofollow">Genesis Settles with U.S SEC for $21M Over Gemini Earn Program</a>

Kenya’s Blockchain Association Pushes for Binance Executives Release in Nigeria

Table of Contents

TheNewsCrypto

Other articles published on Mar 20, 2024

Shiba Inu Team Hints At “Secret” Strategy To Eclipse Dogecoin

TraderJoe and Space ID Overbought Indicators Defy Market Downtrend

Shiba Inu’s Market Buzz Intensifies as Marketing Chief Buys 40 Million Tokens

Ethereum’s Governance in Question: Foundation Reportedly Faces Undisclosed State Scrutiny

Are Solana Ecosystem Tokens Behind Crypto Market Crash?

New Low Cap Crypto Presale Dogecoin20 Raises $3.9 Million – Could This Be the New Dogecoin Altern...

Join our free newsletter for daily crypto updates!