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Meanwhile, Nigeria, once critical of Binance, is softening its stance by inviting **regulated stablecoin firms** to operate, signaling a potential shift in Africaโs crypto landscape.
Key Points: โ **PHY trading** now active. โ **Airdrop open** for qualifying users. โ Nigeriaโs move may ease crypto tensions. #Caldera @Calderaxyz
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#TrumpCongressSpeech Yorkerโs Washington, DC, bureau. In the first major speech to Congress of his second term, President Donald Trump made clear that he intends to barrel ahead with the MAGA agenda.
Unsurprisingly, he cast the past 43 days of disruption and controversy as filled with historic wins, the greatest of any president in history (George Washington was number two, he said). And while he offered few new details on what he planned going forward, itโs obvious we should expect more of the same.
For instance, Trump sounded enthusiastic about expanding his trade war, hyping a new round of โreciprocal tariffsโ he says will go into effect April 2. These tariffs, he claims, are on countries that have their own tariffs on US goods โ or that have value-added taxes. He mentioned the European Union, India, Brazil, and South Korea as tariff targets, in addition to China, Canada, and Mexico, which heโs already imposed tariffs on. There โmay be a little bit of an adjustment periodโ for American agricultural exporters, Trump said.
RELATEDTwo hugely important questions about Trumpโs trade war Meanwhile, Trump claimed he was going to โbalance the federal budget,โ but also championed his plan for big new income and business tax cuts, including reiterating his campaign promises to make tips, overtime payments, and Social Security income tax-exempt. Itโs hard to see how that math could add up. Trump also praised Elon Musk and rattled off more than a dozen absurd-sounding contracts that he claimed Muskโs team had canceled. On the topic of rising egg prices, Trump blamed President Joe Biden and said his team was โworking hardโ to lower them but did not offer any specifics.
One big question mark for the speech was how Trump would handle Ukraine after Fridayโs Oval Office blow-up and the administrationโs subsequent pause on aid to the country. On Tuesday morning, Ukraineโs president Volodymyr Zelenskyy made a social media post that seemed to give in to several of Trumpโs demands.