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Crypto Republique News UOE
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.
David Princay, the president of Binance France, which is the French subsidiary of the world's largest cryptocurrency exchange, has stated that a survey conducted by his organization reveals that users perceive cryptocurrency as a mechanism for long-term savings. The study involved over 700 users and aimed to understand their behaviors.
The New York-based cryptocurrency exchange Gemini has revealed that it has been granted a Digital Asset Service Provider (DASP) registration by France's financial regulator. This development allows the exchange to extend its operations to more than a dozen countries throughout the European Union (EU).
Chainalysis, a blockchain analysis firm based in New York, has unveiled the introduction to its 2024 Crypto Crime Report. The report reveals that cryptocurrency payments sent to illicit addresses saw a reduction of over $15 billion from 2022 to 2023.
The European Parliament, an arm of the European Union (EU), has declared a provisional agreement with the European Council to strengthen anti-money laundering (AML) measures. The agreement must be formally adopted by both the European Parliament and the European Council before it can take effect.
France's financial regulatory body, the Autorité des Marchés Financiers (AMF), has granted Coinbase a Virtual Asset Services Provider (VASP) license. The license will enable Coinbase to offer digital asset-related services to both retail and institutional users in France.
Ledger's Global Head of Policy Hertlein: 'crypto’s relative lack of use in crime is a success story'
Seth Hertlein, the Global Head of Policy at Ledger, a Paris-based digital asset wallet provider, has countered the widespread public belief that cryptocurrency is a common tool for criminals. According to Hertlein, illicit activity is more prevalent in the traditional financial system. His comments were featured in the Cap Hill Crypto newsletter's January 5 edition.
The annual Paris Blockchain Week, a conference dedicated to exploring developments in Web3 and blockchain technology, has announced that Richard Teng, the newly appointed CEO of Binance, will be one of the key speakers at this year's event. The 2024 edition of Paris Blockchain Week is slated to take place from April 8-12 at the Carrousel du Louvre in Paris.
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Binance, the world's largest cryptocurrency exchange by trading volume, has announced the addition of a Monitoring Tag to ten tokens. This move indicates that these tokens may face potential delisting due to their volatility and risk. Binance had previously delisted several of these tokens in France last year in compliance with local regulations.
Allan Endresz, the founder of digital currency Zucoins, has voiced his criticism against a former U.S. Securities and Exchange Commission (SEC) regulator's statements on platform X. The regulator had implied that the compliance violations admitted to by crypto exchange Binance and its ex-CEO were unique to the cryptocurrency industry. In retort, Endresz highlighted that traditional banks have often been used as conduits for illicit activities such as money laundering.
Binance, the world's largest cryptocurrency exchange, recently announced the successful completion of a System and Organization Controls (SOC) 2 compliance audit. The audit was conducted over several months by A-LIGN, a third-party assessor.