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Breaking: Crypto Exchange OKX Ceases Operations In Nigeria

CoinGape LogoCoinGape10h ago

Breaking: Crypto Exchange OKX Ceases Operations In Nigeria - CoinGape

Quick Summary:

Crypto exchange OKX has announced an exit from Nigeria citing local laws amid a recent clampdown on digital assets services in the country.

The exchange has issued instructions to users as its local entity winds down operations.

This adds to the ongoing regulatory debacle faced by crypto companies in the Nigerian market.


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Article Details

Author / Journalist: David Pokima

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 13:58:37 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 164 words

Reading Time: 1 minutes read

Sentences: 26 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21665008

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 31 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Breaking: Crypto Exchange OKX Ceases Operations In Nigeria" has 164 words across 26 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "Breaking: Crypto Exchange OKX Ceases Operations In Nigeria" was covered 10 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 31 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #21665008
  • URL: https://beamstart.com/news/breaking-crypto-exchange-okx-ceases-17212247886445

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