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Binance Restricts Transactions With 17 Crypto Platforms Linked to Nigeria

Guavy AI Editorial Team
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Cryptocurrency exchange Binance has implemented new compliance measures by restricting transactions with 17 crypto-asset service providers and platforms, including three entities linked to Nigeria.

The affected Nigerian-linked entities are A7 Nigeria, A7 Africa, and PilotFinance Ltd. Transactions involving these platforms will no longer be processed on the exchange.

Binance's move comes amid increased regulatory scrutiny of cryptocurrency transactions and digital-asset service providers across various jurisdictions.

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