CRYPTO NEWS AROUND THE GLOBE

Salvador: 80,000 civil servants trained in Bitcoin – A visionary initiative or a risky bet ?

The Fed is ready to cut interest rates â what that means for crypto

New Binance CEO Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange

Dubai: An employee paid in cryptocurrency – Everything you need to know about this first history in the UAE

Wrapped Bitcoin rivals eye $9bn market share after ownership drama

The Digital Chamber: Nigerian government's excessive fines could have 'a chilling effect on foreign direct investment'

TON Leads Crypto Majors as BTC, ETH Remain Flat

German Interior Ministry Predicts Bitcoin at $100,000 in 2024, Recommends Use of Hardware Wallet

Why economists say the CFTC is wrong about prediction markets

Cardano drops out of the top 10 cryptocurrencies by market cap ranking

Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon

Bchain Africa CEO on detention of Binance employee: 'Are we running a military system in Nigeria under the guise of democracy?'

Binance exec in Nigerian prison is ‘almost bedridden’

Swiss and Norwegian central banks reportedly hold 3,400 Bitcoins via MicroStrategy shares

Trump and Musk Avoid the Burning Topic of Cryptos During Their Interview

Why crypto investors are ‘asleep at the wheel’ amid improving macro conditions

MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx

Coinbase to Launch Wrapped Bitcoin (WBTC) Competitor – What’s at Stake in Such a Token?

Binance's Sacheendran: 'blockchain technology will revolutionize various industries beyond finance'

Bitcoin at 9 million in 20 years according to the power law

Binance recovers more than $73M in user funds from external hacks

Did you miss this week's news? Here is a recap of the information you shouldn't have missed about Bitcoin, Binance, Ethereum, and Ripple!

Collapsed crypto exchange FTX ordered to pay $12.7bn to creditors, CFTC says

Bitcoin Difficulty Reduction Incoming? Miners Brace for a Major Shift on Aug. 14 – Mining Bitcoin News

Gambaryan Family Says Binance Executive Is Being Denied Access to Lawyers, Health Is Deteriorating

SEC subpoenas three crypto VCs in sign crackdown is gaining pace

Ripple begins testing its stablecoin RLUSD on XRP Ledger and Ethereum

The IMF and El Salvador Close to an Agreement on Bitcoin!

Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case

Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound

All Crypto News Around The Globe

Binance CEO: 'France's proactive stance on innovation is one of the reasons we are investing heavily in the market'

Web3/Crypto

Binance CEO Richard Teng (left) and President Emmanuel Macron (right) | X/_RichardTeng, X/EmmanuelMacron

By Crypto Republique

Jun 20, 2024

Richard Teng, the CEO of crypto exchange Binance, emphasized the importance of the French government's support for innovation in fostering growth within the crypto industry. Teng shared his views during a June 17 episode of the Bankless podcast.

"France's proactive stance on innovation is one of the reasons we are investing heavily in the market," said Teng. "We believe that this support is crucial for the growth of the crypto sector."

According to Teng, President Emmanuel Macron's administration has been "very supportive" of technological innovation, creating a "favorable environment" for financial technology and blockchain firms.

Get the Newsletter

Sign-up to receive weekly round up of news from Crypto Republique

In 2022, Binance selected Paris as its European hub and announced plans to increase its headcount there from 50 to 250 employees, Euronews reported. Martin Bruncko, Binance’s Executive Vice President for Europe, said the crypto exchange had been in communication with French authorities for two years before receiving digital asset service provider (DASP) registration from the country's financial regulator.

Changpeng Zhao (CZ), co-founder and former CEO of Binance, praised France's pro-crypto policies during a conference at the Paris stock exchange’s historic building in April 2022. "France has some very pro-business, pro-crypto regulations and also just (the) government's attitude towards this industry ... has been phenomenal," CZ said at the event. He also pledged a €100 million investment in France and a €2 million contribution to a restoration project at Chateau de Versailles.

Prior to Macron's re-election in 2022, he stated that the Web3 and crypto industries represent "an opportunity not to be missed [...] for France and Europe to lead the future generations of the web," CoinTelegraph reported.

Before joining Binance in August 2021, Teng served as CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), chief regulatory officer of the Singapore Exchange (SGX), and director of corporate finance at the Monetary Authority of Singapore, according to Binance’s website.

More News

BBVA expands crypto services to include USD Coin

BBVA announced it is expanding its cryptocurrency custody and trading services to include USD Coin (USDC). This addition will benefit the bank’s institutional and individual account holders in Switzerland.

Sep 16, 2024

Alpha Architect announces insights on private investment volatility

Alpha Architect announced Larry Swedroe's insights on the impact of spreading volatility in private investments. The research shows that private equity's infrequent valuations can smooth returns, leading to underestimated risks and over-allocation.

Sep 14, 2024

European Crypto Initiative Team said: MiCA is 'critical... to regulate the rapidly evolving crypto-asset market with the EU.'

The European Crypto Initiative (EUCI), a blockchain advocacy group, said that the MiCA Regulation aims to create a harmonized regulatory framework for crypto-assets. EUCI shared their statement on a September 6th post on X.

Sep 13, 2024

The European Crypto Initiative Team: 'Big changes are coming to the crypto world in the EU, and it all starts with #MiCA'

The European Crypto Initiative (EUCI), a European blockchain advocacy group, stated that the Markets in Crypto-Assets (MiCA) regulations are poised to bring significant changes to the crypto world within the European Union. EUCI shared their statement on September 4 via a post on X.

Sep 6, 2024

Dimitrios Psarrakis, former EU Economist, on U.S. crypto regulations: ‘I see the footprint of MiCA in every suggestion.’

Dimitrios Psarrakis, a former EU economist, stated that U.S. lawmakers are attempting to align with the EU's crypto regulations as established by the Markets in Crypto-Assets legislation. Psarrakis shared his statement in an August 26 video posted by the European Crypto Initiative on X.

Sep 5, 2024

Kaiko, Research Team of Kaiko Smart Data, said FDUSD’s market share ‘increase is notable’

Kaiko, a Paris-based crypto market data provider, reported that the stablecoin FDUSD saw a "notable" increase in its market share on Binance, the largest crypto exchange in the world by trading volume, at the end of July. Kaiko shared this statement in an August 19 post on its website.

Sep 2, 2024

Crypto Comments

Loading...

No comments available.