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Binance Restricts Transactions with 17 Crypto Platforms Amid Regulatory Crackdown

Guavy AI Editorial Team
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Binance has tightened its crypto controls by restricting transactions involving 17 platforms and service providers, including three Nigeria-linked entities.

The affected Nigerian platforms are A7 Nigeria, A7 Africa, which operates in Nigeria and Zimbabwe, and PilotFinance Ltd. Binance announced the restrictions would be implemented in phases based on each platform's effective date.

The move comes amid growing regulatory pressure from the US and EU on crypto platforms accused of facilitating transactions involving sanctioned individuals or entities.

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