LAGOS, Nigeria (VOICE OF NAIJA) – Websites of top global cryptocurrency exchanges like Binance, Kucoin, OKX, etc., have been blocked in certain countries.
Countries like China, India, Turkey, Nigeria have restricted crypto trading.
There are concerns about how exchanges laundering criminal proceeds, aiding tax offenders, and hosting crypto scams.
In the last year’s Binance has been facing compliance issues in various countries, and slow to comply with money laundering laws.
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Nigeria has instructed telecommunication firms to restrict access to cryptocurrency websites after issuing guidelines for digital asset operators.
The countries where Binance has been restricted or banned:
United States
United Kingdom
Japan
Italy
Canada
Belgium
Nigeria
Australia
India
Netherlands
Thailand
Philippines
Germany
France
Bangladesh
Iran
Vietnam
Kazakhstan
Malaysia
China