Binance executive released in Nigeria after 8 months, reaffirms commitment to regulatory compliance.

From Investing.com

October 24, 2024 12:08:42 PM:

Binance announces the release of Tigran Gambaryan, an executive detained in Nigeria for eight months. CEO Richard Teng expresses relief and gratitude over his release, allowing Gambaryan to reunite with his family and receive medical care.

Binance reaffirms commitment to regulatory compliance amid complex digital asset environment. The company highlights Nigeria’s potential in blockchain technology, aiming to contribute to the country’s economic and social development through constructive engagement.

Details of Gambaryan’s detention and release remain undisclosed. Binance looks towards the future of the blockchain industry globally, amidst discussions on the role of digital assets in emerging markets for financial inclusion and economic growth. This article is based on a press release from Binance, supported by AI and reviewed by an editor.

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