Nigeria's SEC declares Binance Operations in Nigeria Illegal

Education Questions
1

Why would Nigeria’s SEC who doesn’t have the requisite laws to regulate Binance declare its operations illegal.

Isn’t it Illegal in itself for NG SEC to declare binance operations Illegal since it has not and lacks the capacity to come up with regulatory framework for the Crypto Industry just like its counterpart in the US?

Does the NG SEC thinks that its declaration will bother Nigerians one bit?

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2

I think it will affect to some extent

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3

yes short term

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4

Its just FUD. This is not the first time they are FUDDING binance. It will end i shame for them

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5

Bah story be that, it can’t happen

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6

I believe it’s just temporary. Nothing can stop crypto in a long run :muscle:

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