Nigeria’s SEC orders Binance Nigeria Limited to stop operations

Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal.
The order against Binance Nigeria Limited comes days after the US SEC sued Binance and its founder CZ.
Nigeria’s SEC had previously said it viewed all crypto assets to be securities by default.According to a Friday circular from Nigeria’s Securities and Exchange Commission (SEC), Binance’s Nigerian branch has been told to stop all operations immediate