Coinbase Investigates Reports of Nigeria Restricting Leading Crypto Exchanges Amid High Inflation
• Coinbase says its platform still accessible in Nigeria, investigating reports of restrictions • Financial Times reported Nigerian authorities restricted access to exchanges like Binance and Coinbase • Nigeria dealing with high inflation, citizens use crypto exchanges to get better exchange rates • Binance says some users in Nigeria experiencing access issues, but funds remain secure • Nigeria ranked #2 for global crypto adoption in 2020, use growing despite reported ban