WAO ART #282

Richard Teng, the new CEO of Binance, aims to regain trust and collaborate with regulators to address the recent controversies and legal challenges faced by the cryptocurrency exchange. His priorities include rebuilding investor confidence, fostering regulatory collaboration.

Australia has announced plans to establish "rapid assistance" teams to respond to cyber crises in the Pacific region, with a budget of A$26.2 million ($17 million). Additionally, A$16.7 million will be allocated to identify cyber vulnerabilities in the Pacific Islands.

Africa-focused crypto exchange Yellow Card has been awarded the African financial industry's "Disrupter of the Year" award. The exchange, headquartered in Nigeria, beat out other investment platforms and payment platforms to win the prize. The award recognizes a young company.

Binance CEO Changpeng Zhao (CZ) has pleaded guilty to money laundering violations and will pay a $50 million fine, stepping down from his role as chief executive. Binance itself has also pleaded guilty and will pay $4.3 billion in fines and restitution.

Nigeria's Upstream Petroleum Regulatory Commission (NUPRC) has announced a partnership with Argentina for gas exploration and production. The Argentinian Ambassador expressed interest in investing in Nigeria's gas fields during a visit to the NUPRC.

K-Pop band BLACKPINK has received honorary Member of the Order of the British Empire (MBE) medals from Britain's King Charles during a special investiture ceremony. The band members were presented with the medals in recognition of their role as COP26 Advocates for the United Nations climate summit.

Belgium plans to accelerate the development of a European blockchain infrastructure during its EU Council presidency in 2024. The proposal aims to improve the secure management and storage of official documents, such as driving licenses and property deeds.