President Joe Biden Thanks Nigerian Leader for Role in Ex-Federal Agent’s Release

President Joe Biden thanked Nigerian President Bola Tinubu for securing the release of American citizen Tigran Gambaryan, a former U.S. law enforcement official and Binance employee, on humanitarian grounds. Gambaryan spent eight months in Nigerian detention, where his deteriorating health and alleged mistreatment by prison officials sparked widespread calls for his release. During his imprisonment, … Read more

Former US Federal Agent Freed From Nigerian Prison After 8 Months

Tigran Gambaryan, a U.S. citizen and former federal agent detained in Nigeria for eight months, has been released. The charges against him, brought by the Economic and Financial Crimes Commission, were dropped. The release of the Binance executive from one of Nigeria’s notorious prisons followed intense lobbying by U.S. politicians who were urging the Biden … Read more

Lavrov Says He Agrees With Donald Trump on US Sanctions Weakening Dollar’s Status

Russian Foreign Minister Sergey Lavrov has backed former U.S. President Donald Trump’s remarks about the negative effects of U.S. sanctions on the dollar and the American economy. Lavrov agreed that sanctions imposed by the Biden administration have weakened the dollar’s global reserve status. He further noted a global shift towards dedollarization, led by nations like … Read more

Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns

Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the crypto sector. Additionally, the Democrats have launched a “Crypto for Harris” initiative to help Vice President Kamala Harris gain support from the cryptocurrency community. Biden-Harris … Read more

Federal Reserve Cites Significant Deficiencies in Customers Bancorp’s AML Compliance

The U.S. Federal Reserve Board has found “significant deficiencies” in Customers Bancorp, Inc.’s management of risk and adherence to anti-money laundering (AML) regulations. These issues, particularly troubling for the bank known for its crypto-friendly stance, were detailed in an enforcement action filed on Thursday. Kamala’s Crypto Reset: Still Loading… Please Wait The Federal Reserve’s action … Read more

US Lawmaker Hosts Meeting to Help Kamala Harris Gain Crypto Industry Support

U.S. Congressman Ro Khanna will host a meeting to help Vice President Kamala Harris improve her relationship with the cryptocurrency industry. This is the second event of its kind in two months to aid Harris’ campaign efforts amid the Biden administration’s tough stance on crypto assets. Meeting Arranged to Help Vice President Kamala Harris Mend … Read more