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Crypto Republique News UOE
Patrick Hansen, the Senior Director of European Union (EU) Strategy and Policy at Circle, a cryptocurrency payments platform, stated that France is the "crypto powerhouse" of the EU. He attributed this status to a robust developer community and governmental support. Hansen made these remarks in an April 12 post on X.
Changpeng Zhao, known as CZ, the co-founder and former CEO of Binance, the world's largest cryptocurrency exchange by trading volume, has expressed his regret and accepted "full responsibility" for failing to implement adequate anti-money laundering controls at Binance. This failure has led to a criminal charge against him. CZ conveyed his sentiments in a court document filed on April 23, ahead of his sentencing scheduled for April 30.
Faustine Fleuret, president of the Association for the Development of Digital Assets (Adan), has stated that the French government's support for the crypto and Web3 industries "must be maintained" as these sectors work to overcome "major deadlocks." This statement was shared with Crypto Republique via an email dated April 18.
Faustine Fleuret, president of the Association for the Development of Digital Assets (Adan), has highlighted the role of French public leaders and policymakers in driving cryptocurrency adoption among the French population. "The support provided by French public leaders and policymakers," she said, is contributing to an "accelerated adoption" of cryptocurrency. Fleuret shared these insights with Crypto Republique via email on April 18.
Faustine Fleuret, president of the Association for the Development of Web 3 Professionals president, has stated that an increasing number of French citizens are embracing cryptocurrencies. According to her, these individuals are using digital assets as a means to "diversify their savings" and to "gain access to decentralised finance." Fleuret shared these insights with Crypto Republique via email on April 18.
Binance Academy announced they had partnered with educational institutions in Europe to create a series of paid university accredited courses on blockchain and Web3 topics.
Nicholas Anthony, a policy analyst at the Cato Institute's Center for Monetary and Financial Alternatives, has stated that if the Nigerian government had refrained from implementing "on‐again, off‐again price controls," they might not be blaming the cryptocurrency exchange Binance "for the naira’s latest crash." Anthony shared these insights on April 11 in a commentary posted on the Cato Institute's website titled "Nigeria’s Government Is Blaming Binance for Its Own Mismanagement."
Binance CEO Richard Teng has affirmed that Binance's commitments extend "beyond mere compliance" and demonstrate "a willingness to adhere to all regulations." Teng voiced this statement during Paris Blockchain Week on April 9.
Leo Schwartz, the author of Fortune Crypto's Proof of State newsletter, has stated that Binance CEO Richard Teng views the appointment of a compliance monitor as a "competitive advantage". According to Schwartz, this move demonstrates the company's willingness to comply with regulations. He shared these insights in his April 10 newsletter.
David Princay, the president of Binance France, has announced that the newly established League for Web3 Security is "an important step to guarantee the security of French users." Princay shared his statement in an April 8 post on X.
Steve Christie, the Deputy Chief Compliance Officer for Binance, announced that the cryptocurrency exchange is joining the Global Travel Rule (GTR) Alliance to fortify its "international compliance efforts." Christie disclosed this information in a March 26 post on Binance's website.
French President Emmanuel Macron has declared that through its investments, France is evolving into "a country at the forefront of AI." He shared this statement in a post on March 13.
The Association for the Development of Digital Assets (Adan), a France-based organization comprised of Web3 professionals, has released a new report titled "Web3 and Crypto in France and Europe." The report was submitted to Marina Ferrari, the country's Secretary of State for Digital Affairs, according to a statement Adan shared in a March 19 post.
Kaiko, a cryptocurrency market data provider based in Paris, has announced that it has been authorized by CME Group to redistribute crypto data.
Steve Hanke, a professor of applied economics at Johns Hopkins University, has attributed Nigeria's economic instability to the policies implemented by the Central Bank of Nigeria (CBN), including significant increases in the country's money supply. Contrary to some perspectives, Hanke insists that cryptocurrency is not responsible for Nigeria's economic challenges.
Eddie Weinhaus, a doctoral candidate studying cryptocurrency and monetary sovereignty at the Washington University School of Law and CEO of Judiciocracy, recently discussed the increasing popularity of cryptocurrency in Nigeria with Crypto Republique. He stated that this trend reflects the Nigerian populace's desire for a currency more stable than their native naira. This comes amidst recent actions by the Nigerian government to ban multiple crypto exchanges, including Binance, as part of an effort to protect the naira.
Paris Blockchain Week, the largest digital asset conference in Europe, has announced that Richard Teng, CEO of cryptocurrency exchange Binance, will be a speaker at this year's event. Teng has previously lauded Paris as a hub for emerging technology and innovation.
Binance, the world's largest cryptocurrency exchange, has announced that it hosted a virtual law enforcement training session for members of the International Criminal Police Organization (INTERPOL). INTERPOL, with its headquarters in Lyon, France, comprises 196 member countries.
Monei, a Spanish financial technology (fintech) firm, recently announced the development of a euro-backed stablecoin named EURM and its testing commencement in January. The trials are being conducted within the Financial Sandbox of the Bank of Spain.
Rachel Conlan, the Chief Marketing Officer of Binance, the world's largest cryptocurrency exchange, has shared insights from a recent survey conducted among European crypto users. The survey reveals that a majority of respondents are optimistic about the future of the industry. Conlan suggests that the implementation of the Markets in Crypto-Assets (MiCA) legislation by the European Union could further stimulate crypto enthusiasm in the region.