I read in punch newspaper today (Friday 21st March, 2025) where the Nigerian minister of information said that Nigeria is open to crypto adoption despite the lawsuit against binance. He stated that other cryptocurrency outfits/companies have been operating unrestricted within the country despite the lawsuit against binance. He said the lawsuit against binance was just to ensure that the activity of binance is regulated within the country as some of it's activities were traced to illicit and dubious flows... What's your take?
https://punchng.com/nigeria-open-to-cryptocurrency-despite-80bn-lawsuit-against-binance-fg/They are liars, is Binance exchange the only organization or business that is performing illegal activities or they are trying to deceive us about the state of the situation that transpired between them all, because of inability to reach a conclusion on agreed amount the exchange have to pay the Nigerian Government as under regulatory act, but this wasn't a successful one as the two parties could not arrive at any tangible course, they are now telling us it's because of illegal activities they are found doing, is this then about cryptocurrencies or Binance exchange, now that they have seen it that they are the ones loosing, they are in disguise trying to appeal and make an open proclamation for renegotiation, which is already too late, because they have left and no new offers is coming to Nigeria and operate their exchange under the government regulations, because the conditions will not be favourable at all on them.