Crypto Company, Binance Operations Illegal, Not Registered; Trade At Your Own Risk – Regulator, SEC Warns Nigerians | Sahara Reporters

Crypto Company, Binance Operations Illegal, Not Registered; Trade At Your Own Risk – Regulator, SEC Warns NigeriansThe Securities and Exchange Commission, Wall Street’s primary regulator, alleges the company acted in “blatant disregard” of US securities laws. It also named Binance’s CEO Changpeng Zhao, known as CZ, as a defendant.

The Securities and Exchange Commission, Wall Street’s primary regulator, alleges the company acted in “blatant disregard” of US securities laws. It also named Binance’s CEO Changpeng Zhao, known as CZ, as a defendant. SEC that issued the warning after Nigeria passed a 10% tax on digital assets in its new Finance Act for the year 2023, said the company’s activities are in violation of Nigerian law urging Nigerians to exercise caution when dealing with unregistered and unregulated platforms such as Binance Nigeria.

“As the regulator with the statutory mandate of investor protection, the Commission urges Nigerians to be wary of investing in crypto-assets, and crypto-asset related financial products and services if the service provider/its platform is not registered or regulated by the Commission. Nigerian investors are hereby warned that investing in crypto-assets is extremely risky and may result in total loss of their investment.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

So-Safe arrests two for stealing cables at Ogun fuel companyOgun State-owned security outfit, the So-Safe Corps, said it has arrested two men for stealing from a fuel company in the State. The State Commander of
Источник: DailyPostNGR - 🏆 11. / 59 Прочитайте больше »

Tech company appoints new CEO-designateMauritius-based telecommunications company, inq. Group has announced the appointment of Glad Dibetso as the successor to Nick Reed.
Источник: MobilePunch - 🏆 8. / 63 Прочитайте больше »

Chukwuma: Innoson Vehicle Manufacturing Company – THISDAYLIVE
Источник: THISDAY LIVE - 🏆 14. / 51 Прочитайте больше »

Take-It-Back Movement Demands Justice, Compensation For Indian Steel Company Staff Who Lost Three Fingers At Work | Sahara ReportersHuman rights and pro-democracy group, the Take-It-Back Movement (TIB), has berated an Indian-owned company, Lucky Steel Industrial Limited for allegedly abandoning its worker, Nasirudeen Ishola who lost three of his fingers due to an accident he suffered during the course of his work. The group made this known in a statement posted on its verified Twitter handle, demanding for an immediate remedy for Nasirudeen for the injury suffered during the course of his employment.
Источник: SaharaReporters - 🏆 9. / 63 Прочитайте больше »

Nigerian Petroleum Company, NNPCL Not Transparent With Fuel Subsidy, Failed To Remit N8.4trillion To Federation Account – Revenue Commission, RMAFC | Sahara Reporters
Источник: SaharaReporters - 🏆 9. / 63 Прочитайте больше »