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    Home » Biden commends Tinubu for Tigran’s launch, Highlights U.S.-Nigeria partnership on combating illicit crimes and Crypto regulation  
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    Biden commends Tinubu for Tigran’s launch, Highlights U.S.-Nigeria partnership on combating illicit crimes and Crypto regulation  

    By October 30, 2024No Comments2 Mins Read
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    United States President Joe Biden has confirmed discussions together with his Nigerian counterpart, President Bola Tinubu, a couple of U.S.-Nigeria partnership aimed toward advancing prosperity.

    In a press release from the White Home on Tuesday, Biden additionally expressed appreciation for President Tinubu’s management in securing the discharge, on humanitarian grounds, of American citizen and former U.S. legislation enforcement official Tigran Gambaryan final week.

    Nairametrics beforehand reported that the Federal Excessive Court docket in Abuja had discharged Binance govt Tigran Gambaryan from cash laundering expenses filed by the Financial and Monetary Crimes Fee (EFCC).

    In a readout from the U.S. authorities, President Joseph R. Biden, Jr. started by providing condolences to President Tinubu relating to latest flooding that has affected northeastern Nigeria.

    He additionally expressed “appreciation” for President Tinubu’s function in facilitating Gambaryan’s launch.

    Biden took the chance to debate methods the U.S. and Nigeria may advance prosperity by leveraging new applied sciences related to cryptocurrency.

    The assertion added:

    “The 2 leaders additionally spoke in regards to the worth of the U.S.-Nigeria partnership in addressing international challenges and advancing safety and prosperity throughout a number of sectors. 

    “Specifically, President Biden expressed appreciation for cooperation on legislation enforcement, together with by way of the just lately introduced Bilateral Liaison Group on Illicit Finance and Cryptocurrencies, collaboration on new and revolutionary applied sciences, and shared pursuits in reforming worldwide organizations to replicate African voices.” 

    Biden assured Tinubu of the US’ dedication to addressing international challenges by way of bilateral relations.

    The assertion comes amid the Nigerian authorities’s crackdown on unlawful cryptocurrency dealings in Nigeria.

    The EFCC additionally introduced to the courtroom crucial diplomatic and worldwide conferences involving the Nigerian authorities and its U.S. counterpart, stating that the federal authorities had resolved to discontinue expenses in opposition to Gambaryan.

    On October 23, 2024, the US reaffirmed its dedication to an in depth partnership with Nigeria. The U.S. Division of Justice will proceed its coordination with the Authorities of Nigeria to strengthen its capability to pursue cybercrime investigations and prosecutions.

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