Coinbase, one of the world’s largest cryptocurrency exchanges, responded to the statements made about the access block in Nigeria.
According to information reported by local news sources this week, the Nigerian government has given telecom companies Binance, Coinbase, Kraken He gave instructions to block access to the sites of global cryptocurrency exchanges such as.
Coinbase team, “We continue to investigate these reports, but initial findings indicate that Coinbase.com is still accessible in Nigeria.” made the statement.
According to local sources, the government said that transactions made on global cryptocurrency exchanges like this the country’s local currency, the naira, negatively He thinks it affects him. Naira has recently fallen against the US Dollar to the lowest levels in history fell.
Bayo Onanuga, advisor to Nigerian President Bola Tinubu, said that exchanges such as Binance “He determined the exchange rate in Nigeria by eye.” told.