Breaking News: Nigerian Regulators Demand List of Binance’s Top Users – What Does This Mean for the Exchange

Nigeria wants Binance to hand‍ over the top 100 users in the‌ country and their transaction histories for the last six months, the Financial ⁢Times reported Tuesday.nnThis demand comes as two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, remain detained by the Nigerian government after arriving in Abuja on Feb. 25. The titles and names⁢ of the detained executives ‌were not disclosed until today.nnAccording to the FT, the ⁢Nigerian government views Binance as a critical factor in undermining efforts to stabilize the country’s currency, the naira. They are also requesting Binance to ⁢address any outstanding tax obligations. In response, Binance has removed the naira from trading on its website.nnThe two executives have yet to be charged with any offenses and ⁣are reportedly being held “simply as hostages.”⁢ They are ⁤being held in a guesthouse managed by Nigeria’s⁤ National Security Agency and are being treated well, according to the FT.nnMeanwhile, a Binance spokesperson has stated that they are working with Nigerian authorities to ⁤bring the ‌two executives back home to‌ their families.nnA court order has allowed the detention of Gambaryan and Anjarwalla for 14 days, which ends on Tuesday.⁤ An extension hearing is scheduled for Wednesday.

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