The Nigerian government has reportedly slapped the cryptocurrency exchange Binance with a $10 billion fine. According to a Nigerian government official, Binance is being punished for causing the local currency’s recent plunge against major currencies. Binance’s Alleged Influence on the Exchange Rate The Nigerian government is reportedly demanding a $10 billion fine from the crypto […]
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Arthur Hayes Says Bitcoin Rally May Depend on Banks, Not Just Fed
Key TakeawaysHayes expected bitcoin weakness until Fed or bank balance sheets grow.Commercial lending can expand dollar deposits independently of Fed...













