Experts say Nigeria’s cryptocurrency crackdown will have consequences

Abuja, Nigeria—— Economic analysts and cryptocurrency enthusiasts have expressed concern after Nigeria banned end-to-end transactions involving its currency, the naira, a payment processing platform, on Binance, the world’s largest cryptocurrency trading platform. Binance shut down all naira services on Friday after Nigerian authorities accused the company of exploitation, naira devaluation and money laundering. As of … Read more

Biden to Republican lawmakers: Consequences of not passing Ukraine aid ‘dire’

A $95 billion foreign aid package approved by the U.S. Senate this month remains stalled in the Republican-majority House of Representatives, jeopardizing plans to provide $60 billion in aid to Ukraine to help it defeat Russia. Congressional leaders met with President Joe Biden on Tuesday to discuss the impasse. VOA congressional correspondent Katherine Gipson has … Read more