WAO ART #452

Binance and KuCoin have received regulatory approval in India. They are the first offshore crypto exchanges to be approved after being banned for operating illegally. The Financial Intelligence Unit confirmed their registration, signaling a shift in credibility for the crypto industry in India.

Layer3 will launch its L3 token this summer. 51% of the total token supply, set at 300 million, will be allocated to the community. Tokenomics details will be revealed in June 2024. Initial airdrop will distribute 5% of the total L3 supply to early adopters and CUBE minters.

Wells Fargo, a major U.S. bank, has invested in Grayscale's spot Bitcoin ETF. The bank owns shares in ProShares Bitcoin Strategy ETF and the Grayscale Bitcoin Trust, which have been converted into an ETF. The total cost of Wells Fargo's Bitcoin investment was over $143,000.

Energy Vault and ACEN Australia have announced a 400 MWh battery energy storage system (BESS) deployment agreement.The agreement includes the deployment of a 50 MW/100 MWh BESS and a 150 MW/300 MWh BESS at ACEN Australia's New England Solar project.

Turkey, Brazil, and Ghana increased imports of Russian fuel. Volume of exports of Russian gas oil and diesel fuel increased by 11%. Turkey imported 326,000 tons of gas oil and diesel fuel from Russia. Brazilian ports received 203,000 tons of Russian distillates.

Deputy Speaker of the House of Representatives praises Nigeria-EU diplomatic ties. EU's bilateral trade with Nigeria exceeds €45 billion as of September 2023. Kalu highlights the strengthening bonds between Europe and Nigeria. Partnership between Nigeria and Europe spans across various dimensions.

UK economy grows by 0.6% in early 2024, surpassing expectations. Fastest growth since 2021, driven by car manufacturing and service industries. UK outperforms Eurozone and US in G7. Economy returning to full health, but per person income still down £300 since Sunak took over.