Binance Forced to Adopts USDT Price Cap as FX Scarcity Worsens in Nigeria
Binance, one of the world’s leading cryptocurrency exchanges, has recently implemented a price cap on Tether (USDT) tokens in its peer-to-peer (P2P) platform operating in Nigeria. This move aims to align with local regulations and foster collaboration with Nigerian authorities. However, the imposition of this cap has not been without consequences, as some traders sought…