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News from 2024
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.
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.
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 Academy announced they had partnered with educational institutions in Europe to create a series of paid university accredited courses on blockchain and Web3 topics.
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.
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 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.
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.
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.
Jarek Jakubcek, the head of law enforcement training at the cryptocurrency exchange Binance, stated that partnerships between the public and private sectors are essential to prevent criminal activity related to cryptocurrency. Jakubcek made this statement in an April 26 post about the company's inaugural virtual Law Enforcement Training Day.
Richard Teng, the Chief Executive Officer (CEO) of cryptocurrency exchange Binance, expressed the company's willingness to collaborate with the Nigerian government on strengthening the country's economy. However, he stated that this would only be possible if the government releases Tigran Gambaryan, who was detained following a meeting with government officials on Feb. 26. Teng conveyed his statement in a May 7 post on Binance's website.
French President Emmanuel Macron announced that his "Choose France" initiative has attracted investments totaling 15 billion euros since its inception in 2018. The statement was shared by Macron in a May 13 post on X.
Faustine Fleuret, President of France's Association for the Development of Digital Assets (Adan), has urged European Union (EU) institutions to adopt an innovative and open-minded approach towards blockchain and crypto-related technologies. She believes that such an approach will enable these institutions to harness the benefits offered by these technologies. Fleuret made this statement in a press release issued on May 6, regarding a report submitted by Adan to the European Union.
BCB Group, a global digital financial services firm, has secured authorization from the French Autorité de Contrôle Prudentiel et de Résolution (ACPR) and Autorité des Marchés Financiers (AMF) to operate as an E-Money Institution (EMI) and Digital Assets Services Provider (DASP). The approval was granted late last month.
Crypto.com, a leading platform in the digital asset space, has joined L’Association pour le développement des actifs numériques (Adan), a prominent European association dedicated to the development of digital assets and blockchain technology. With this move, Crypto.com joins over 200 other Web3 companies that are part of Adan's membership roll, based in Paris.
Marina Ferrari, the Secretary of State for Digital Affairs in France, has expressed her support for the country's new Bill on Securing and Regulating the Digital Space (SREN Bill). In a statement shared on May 17, Ferrari asserted that the bill would safeguard minors in the digital space while also introducing regulations for innovative sectors such as Web3 gaming.
GP Bullhound has released its Titans of Tech 2024 report, an annual analysis of growth trends in Europe’s technology ecosystem. Now in its tenth year, the 2024 report concludes that the stage is set for increased innovation in the region.
Publicis Groupe France has launched an artificial intelligence (AI) self-assessment tool to combat greenwashing. Called AI-anti-greenwashing, the tool was designed and developed by Publicis Sapient France.
Viva Technology announced that its VivaTech 2024 event has become one of the most popular business gatherings. The event concluded last week, attracting a record-breaking 165,000 visitors and 6.5 million online viewers worldwide.
Elon Musk illuminated the Dôme de Paris stage once more to take part in VivaTech 2024. During his second year at the event, Musk participated in a Q&A session remotely, giving the audience the chance to ask one of the world’s wealthiest and most influential men anything they wanted to know about him.