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April 29th - The 10th Chief Negotiators Meeting of the Working Group on Chinas Accession to the Digital Economy Partnership Agreement (DEPA) was held in Seoul, South Korea, from April 27th to 28th. China exchanged in-depth views with DEPA members including Chile, New Zealand, Singapore, and South Korea on the negotiation process for Chinas accession and held detailed discussions on related issues.On April 29th, the China Multimodal Transport Development Alliance was established in Beijing. Led by China State Railway Group Co., Ltd., and jointly initiated by four leading state-owned enterprises in the logistics sector—China COSCO Shipping Corporation Limited, China Merchants Group Limited, China Logistics Group Co., Ltd., and China Digital Logistics Information Co., Ltd.—the alliance will jointly build three collaborative platforms for rail-water intermodal transport, rail-road intermodal transport, and technological innovation, as well as the 95306 national multimodal transport service hotline, to promote the high-quality development of multimodal transport. The alliances website was also launched simultaneously.According to the Iranian Students News Agency, Yemen has reiterated Irans right to control the Strait of Hormuz. The Yemeni Foreign Ministry on Wednesday condemned US piracy in the Gulf of Oman and emphasized that attacks on Iranian merchant ships and the detention of their crews violate international law.New Zealand Prime Minister: The free trade agreement signed with India is very exciting. It will create jobs, raise wages, and provide more opportunities for New Zealand.Kingboard Laminates (01888.HK) rose more than 8% after the company issued a price increase notice, raising the prices of FR-4 copper clad laminate and PP prepreg by 10% effective immediately.

Binance Registers With the French Crypto Authority and Moves on With Its European Objectives

Cory Russell

May 05, 2022 10:06


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Exchange of cryptocurrencies Binance has registered with France's market regulator, according to Chief Executive Officer Changpeng Zhao, furthering the company's aim to establish a European center in Paris.


"It's a true mark of quality," Binance stated. David Prinçay, France's General Manager, referred to the registration with the regulator, AMF.


"People's perceptions are shifting. It enables us to go on to the next step, which is to educate (the French public) about blockchain."


A computer network, rather than a central authority, maintains and updates a shared record of information. The technique is used by major cryptocurrencies like bitcoin.


Binance, according to Prinçay, France was now requesting a formal license from the French markets regulator in order to establish a regional headquarters in the country. Even before the registration, Binance claimed to be the country's leading bitcoin exchange.


Binance has been registered in France for the first time, and it is also pursuing registration in Switzerland, Sweden, Spain, the Netherlands, Portugal, and Austria, according to Prinçay.

Binance Received Licenses from Dubai and Bahrain in March.

More than a dozen national authorities, including those in Germany, Italy, and the United Kingdom, issued warnings to Binance last year. It was operating without a license in several areas, according to some.


Binance's CEO, who goes by the initials "CZ," said last month that he would spend 100 million euros ($105.51 million) in France and would donate 2 million euros to the renovation of a room at the Chateau de Versailles. He also endorsed French President Emmanuel Macron's re-election effort on Twitter.


Binance has actively extended its global presence since its inception in Shanghai in 2017.


According to a Reuters investigation released last month, Binance increased its operations in Russia, where it leads the crypto market, while also developing relationships with Russian government agencies.

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