Is Nigeria Strong-Arming Binance?

Of course, Nigeria might do well to welcome the crypto industry to the country, which will help jumpstart a financial services industry and contribute to the national coffers. Notably, after Gambaryan and Anjarwalla’s arrest, a Binance spokesperson said that Nigeria was “not yet” one of its top markets, though the country, with a population of more than 200 million people, holds “extraordinary potential and we hope to continue to invest there.”