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Nigeria rejects claims of poor prison conditions, health for Binance exec

Mohammed Idris, Nigeria’s minister of information and national orientation, emphasized that Gambaryan enjoys full consular support from his home government.

The Nigerian government has denied claims that Binance executive Tigran Gambaryan is in poor prison conditions. A government minister argued that he receives quality medical care and complete consular services, and he emphasized a commitment to lawful trial and judicial integrity.

In a June 21 statement, Mohammed Idris, Nigeria’s minister of information and national orientation, addressed the claims made about poor prison conditions and Gambaryan’s health.

Idris’ statement comes on the heels of a recent post by two United States Members of Congress, Representative French Hill and Representative Chrissy Houlahan, who visited Gambaryan at the Kuje Detention facility on June 19, 2024. The pair posted a video of the visit on X, calling for his release.

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Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector

Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking SectorU.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as the government’s efforts last week failed to quell the country’s financial calamity. Janet […]

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Free Talk Live Co-Host Ian Freeman Found Guilty in Federal Crypto Trial

Free Talk Live Co-Host Ian Freeman Found Guilty in Federal Crypto TrialAfter close to two years, following the U.S. federal government accusing the Crypto Six of unlicensed money transmission, the case is seemingly coming to an end. According to multiple reports, Keene resident and libertarian activist, Ian Freeman, the last member of the Crypto Six case to be tried, was found guilty on all counts which […]

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Bitcoin Mining Threatens America’s Climate Change Efforts, White House Science and Tech Department Says

Bitcoin Mining Threatens America’s Climate Change Efforts, White House Science and Tech Department SaysThe Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians should take action against crypto mining. The federal government’s entity recommends the Biden administration should encourage more research about mining’s electricity consumption and codify public policy for […]

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Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills

Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own BillsThe Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until March 18. Media reports have revealed that Bank of Russia has been working on alternative bills. Russian Ministry of Finance to Open Consultations on New […]

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Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

Russian Government Allows Regions to Raise Electricity Rates for Crypto MinersThe federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages. Regions in Russia Granted Permission to Increase Costs for Home Mining Russians mining cryptocurrencies […]

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