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International Business Times
International Business Times
Business
Marvie Basilan

Binance Lays Out 'Facts' In Nigeria Business Amid Executives' Detainment

Binance Nigeria United States Crypto Nadeem Anjarwalla Tigran Gambaryan Cryptocurrency
Binance is under scrutiny not just in Nigeria but also in the U.S. (Credit: AFP)

KEY POINTS

  • Binance said compliance to applicable laws in various countries was its 'top priority'
  • It added that it responded to over 600 information requests from Nigerian authorities over three years
  • The exchange said it has conducted cryptocurrency investigation trainings in Nigeria

Cryptocurrency giant Binance on Wednesday laid out "facts and numbers" regarding its business in Nigeria, stopping short of directly addressing the issue of the reported "detainment" of two of its executives in the West African nation.

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