Why FG will move against Binance, others- Onanuga
Tamarauemi Ebimini
Special Adviser to President Bola Tinubu on Information & Strategy, Bayo Onanuga, has said the Federal Government must move against Binance and other Crypto platforms so that they don’t destroy the economy.
He said this in an interview on Politics Tonight, a political programme on Channels TV monitored by The Nation.
According to him: “Some people just sit down using cyberspace to dictate our exchange rate, hijacking the role of the CBN. They just sit down and fix anything they like and we were told If we don’t clamp down on Binance, Binance will destroy the economy of this country. They just fix the rate.”
The Nation had reported two Binance executives have been detained by the Federal Government.
According to Financial Times (FT), a UK-based business news outlet, the passports of the two senior executives at Binance were also seized.
