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Nigerian Court Postpones Binance Tax Evasion Case For Regulator Response

  • A Nigerian court has postponed the country’s high-profile tax evasion case against Binance to April 30.
  • The postponement is to allow the Federal Inland Revenue Service (FIRS) to respond to a procedural objection raised by Binance.
  • The case is based on a $2 billion tax claim and allegations that Binance harmed Nigeria’s economy, leading to the exchange exiting the local market.
  • Despite legal troubles, Binance is continuing with its global expansion efforts, including new operations in Thailand and a licensed affiliate in Indonesia.

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