Nigeria rejects claims of Binance exec’s poor health in custody
Mohammed Idris, Nigeria’s Minister of Information and National Orientation emphasized that Gambaryan enjoys full consular support from his home government. Go to Source
Nigeria
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Trump Champions Bitcoin Mining, Vietnamese Increase Gold Buying, and More — Week in Review
Former U.S. President Donald Trump expressed support for the bitcoin mining industry, advocating for producing the remaining bitcoin in the U.S. to enhance national energy dominance. Vietnam sees increased interest in gold bullion purchases due to favorable prices at state-owned banks. New York Attorney General Letitia James takes legal action against crypto pyramid schemes targeting … Read more
Nigerian officials drop some charges against detained Binance exec
The next court dates in Tigran Gambaryan’s case are scheduled for June 19-20, according to family spokespeople. Go to Source
Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover
In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’ claims that Tigran Gambaryan, an imprisoned Binance executive, is being held hostage by his government. Tigran Gambaryan Detained on Allegations of Contributing to Naira Depreciation … Read more
Nigeria defends Binance exec prosecution amid US lawmakers’ criticism
The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law. Go to Source
Zone launches PoS gateway with instant settlements
Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution. Go to Source
Nigeria’s Bitcoin interest unfazed by regulatory restrictions
Notably, Lagos, Nigeria’s commercial nerve center, falls outside the top 15 cities regarding Google search interest for Bitcoin. Go to Source
Nigeria seeks crypto clarity one year into Tinubu’s tenure
Nigeria’s young resident population now feels more bewilderment due to the administration’s recent actions against Nigeria’s crypto industry. Go to Source
SEC Approves Spot Ether ETFs, Jim Rickards Predicts $27K Gold Price, and More — Week in Review
The U.S. Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs. Economist Jim Rickards predicts that gold prices could surpass $27,000 based on rigorous analysis. Satoshi Nakamoto’s Genesis wallet now holds over 100 BTC after an accidental transfer added 0.10754671 BTC, bringing its total value to approximately $6.75 million. The … Read more
Binance executive collapses during Nigeria trial for money laundering
Gambaryan missed a court appearance on tax evasion charges but attended the money laundering trial on the same day. Go to Source
