Saturday, June 10, 2023

Nigeria's SEC orders that Binance halt operations in the country, deeming them illegal as the local unit is "neither registered nor regulated by the Commission" (Sandali Handagama/CoinDesk)

Sandali Handagama / CoinDesk:
Nigeria's SEC orders that Binance halt operations in the country, deeming them illegal as the local unit is “neither registered nor regulated by the Commission”  —  The order against Binance Nigeria Limited follows U.S. SEC allegations that the exchange had violated federal securities laws.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...