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Breaking: Coinbase CEO Denies Receiving Government Directive to Block Nigerians from its Crypto Exchange


by CoinEdition
  • NigeriaCoinbase has refuted claims of receiving directives to block Nigerians from its platform.
  • Numerous reports claim the Nigerian government has ordered the blockage of crypto trading platforms.
  • Coinbase’s CEO emphasized that its exchange remains accessible to Nigerians.

Prominent U.S. base exchange Coinbase has refuted claims of receiving any directives from the Nigerian government to restrict its citizens’ access to the platform. This denial came through a recent statement from the CEO of Coinbase, Brian Armstrong, via the social media platform X.

Armstrong responded to a report claiming the Nigerian government had blocked its citizens’ access to three prominent crypto trading platforms, including Coinbase, Binance, and Kraken.

“This is inaccurate with respect to Coinbase, as far as I can tell. Coinbase products are still operating (no interruption). We haven’t received any outreach or communication from officials in Nigeria,” Armstrong remarked.

The post Breaking: Coinbase CEO Denies Receiving Government Directive to Block Nigerians from its Crypto Exchange appeared first on Coin Edition.

Read the article at CoinEdition

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FTX creditors to receive next round of payouts by Sept 30

FTX creditors to receive next round of payouts by Sept 30

The FTX Recovery Trust has set Aug. 15 as the record date for its next distribution t...
EDXM Just Opened the Doors to Institutional Crypto—Here’s Why It Matters

EDXM Just Opened the Doors to Institutional Crypto—Here’s Why It Matters

EDXM International has launched a new perpetual futures exchange targeting institutio...

Breaking: Coinbase CEO Denies Receiving Government Directive to Block Nigerians from its Crypto Exchange


by CoinEdition
  • NigeriaCoinbase has refuted claims of receiving directives to block Nigerians from its platform.
  • Numerous reports claim the Nigerian government has ordered the blockage of crypto trading platforms.
  • Coinbase’s CEO emphasized that its exchange remains accessible to Nigerians.

Prominent U.S. base exchange Coinbase has refuted claims of receiving any directives from the Nigerian government to restrict its citizens’ access to the platform. This denial came through a recent statement from the CEO of Coinbase, Brian Armstrong, via the social media platform X.

Armstrong responded to a report claiming the Nigerian government had blocked its citizens’ access to three prominent crypto trading platforms, including Coinbase, Binance, and Kraken.

“This is inaccurate with respect to Coinbase, as far as I can tell. Coinbase products are still operating (no interruption). We haven’t received any outreach or communication from officials in Nigeria,” Armstrong remarked.

The post Breaking: Coinbase CEO Denies Receiving Government Directive to Block Nigerians from its Crypto Exchange appeared first on Coin Edition.

Read the article at CoinEdition

Read More

FTX creditors to receive next round of payouts by Sept 30

FTX creditors to receive next round of payouts by Sept 30

The FTX Recovery Trust has set Aug. 15 as the record date for its next distribution t...
EDXM Just Opened the Doors to Institutional Crypto—Here’s Why It Matters

EDXM Just Opened the Doors to Institutional Crypto—Here’s Why It Matters

EDXM International has launched a new perpetual futures exchange targeting institutio...