<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/nigerian-sec-warns-against-using-binance-crypto-exchange-without-license/">Nigerian SEC Warns Against Using Binance Crypto Exchange Without License!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The Securities and Exchange Commission (SEC) of Nigeria has cautioned investors against using Binance, one of the world’s largest crypto exchanges, due to its lack of a license to operate in the country. The SEC warned the public about the high level of risk and potential total loss of investments. Binance Nigeria was a fraudulent entity with no real affiliation with Binance. Nigeria is cautious about the crypto industry but is promoting its central bank’s digital currency. The country’s introduction of a 10% tax on gains from the disposal of digital assets in May 2023 has been called “premature” by local stakeholders.</p>

Nigerian SEC Warns Against Using Binance Crypto Exchange Without License!

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