#president joe biden
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Biden Applauds Nigeria for Releasing Binance’s Gambaryan
U.S. President Joe Biden offered his thanks to Nigeria’s President Bola Tinubu for enabling the release of Binance executive Tigran Gambaryan, who was held by Nigerian officials in February 2024 due to accusations related to Binance’s operations in Nigeria.New Lobby Group Aims to Shape U.S. Crypto Mining Policies
Crypto miners in the U.S. have initiated the Digital Energy Council to lobby for miner-friendly policies amidst ongoing crypto regulation debates.
The council aims to advocate for sustainable energy development, grid resilience, U.S. competitiveness, and national security.
This move comes as President Joe Biden's administration proposes a 30% excise tax on mining operations, citing societal harms. Additionally, Democratic lawmakers criticize miners for environmental concerns. Historic Accord Reached on U.S. Debt Ceiling Suspension
President Joe Biden and Republican Leader Kevin McCarthy have reportedly struck a preliminary accord to suspend the U.S. federal government's towering $31.4 trillion debt ceiling. This potential deal came on Saturday evening, offering a glimpse of resolution to the protracted impasse. 
Crypto Mining Dodges 30% Tax in US Debt Ceiling Deal
As President Joe Biden and House Speaker Kevin McCarthy's negotiated agreement on the US debt ceiling becomes public, one intriguing aspect of the deal seems to have effectively stifled certain tax proposals from the Biden administration, particularly the Digital Asset Mining Energy (DAME) excise tax. Biden Rushes to the Rescue!
President Joe Biden has personally promised to hold Silicon Valley Bank and Signature Bank accountable for any bankruptcy they may face, ensuring Americans that their deposits are safe.
"The American people and American businesses can have confidence that their bank deposits will be there when they need them," he tweeted.
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