Ministry

Circle Applies for Regulatory Approvals in France, Doubling Down on European Expansion

Retrieved on: 
Tuesday, March 21, 2023

BOSTON and PARIS, March 21, 2023 /PRNewswire/ -- Circle, a global digital financial technology firm and the issuer of USDC and EUROC, has today announced it has filed applications in France to become both a licensed Electronic Money Institution (demande d'agrément en qualité d'établissement de monnaie électronique) and a registered Digital Asset Service Provider (DASP) (demande d'enregistrement en qualité de prestataire de services sur actifs numériques) under the rigorous requirements set out by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and Autorité des Marchés Financiers (AMF). Circle's intent to pursue full approval from the AMF could make it the first company to receive full authorisation under the DASP regulatory regime.

Key Points: 
  • Circle's intent to pursue full approval from the AMF could make it the first company to receive full authorisation under the DASP regulatory regime.
  • This move signifies Circle's commitment to expanding its operations in Europe, where France would become a key hub for the company's operations.
  • Registration with the AMF will enable Circle to offer a suite of products and services to customers in France in full compliance with local regulations.
  • "We are delighted and honored that Circle chose France as the base for the development of its activities in Europe.

Circle Applies for Regulatory Approvals in France, Doubling Down on European Expansion

Retrieved on: 
Tuesday, March 21, 2023

BOSTON and PARIS, March 21, 2023 /PRNewswire/ -- Circle, a global digital financial technology firm and the issuer of USDC and EUROC, has today announced it has filed applications in France to become both a licensed Electronic Money Institution (demande d'agrément en qualité d'établissement de monnaie électronique) and a registered Digital Asset Service Provider (DASP) (demande d'enregistrement en qualité de prestataire de services sur actifs numériques) under the rigorous requirements set out by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and Autorité des Marchés Financiers (AMF). Circle's intent to pursue full approval from the AMF could make it the first company to receive full authorisation under the DASP regulatory regime.

Key Points: 
  • Circle's intent to pursue full approval from the AMF could make it the first company to receive full authorisation under the DASP regulatory regime.
  • This move signifies Circle's commitment to expanding its operations in Europe, where France would become a key hub for the company's operations.
  • Registration with the AMF will enable Circle to offer a suite of products and services to customers in France in full compliance with local regulations.
  • "We are delighted and honored that Circle chose France as the base for the development of its activities in Europe.

Vietnam: Can it become the Fintech Mecca of the east?

Retrieved on: 
Tuesday, March 21, 2023

It's forecasted that the country's fintech market will reach a staggering $18 billion mark by 2024.

Key Points: 
  • It's forecasted that the country's fintech market will reach a staggering $18 billion mark by 2024.
  • Housing close to 200 fintech organizations, now 66% of adults have payment accounts as listed by the Ministry of Planning and Investment.
  • The success of these promising fintech organizations has been linked with their close ties with the banking sector that has created invaluable synergies.
  • He will also be seen as a key speaker for the same fintech event that's WFIS.

GreenTech Fire Solutions Donates High -Tech Fire Suppression Tools to Ukraine

Retrieved on: 
Tuesday, March 21, 2023

VANCOUVER, British Columbia, March 21, 2023 (GLOBE NEWSWIRE) -- GreenTech Fire Solutions Inc. of North Vancouver, Canada, is donating over 200 aerosol fire suppression devices to Ukraine, via the Canada-Ukraine Foundation.

Key Points: 
  • VANCOUVER, British Columbia, March 21, 2023 (GLOBE NEWSWIRE) -- GreenTech Fire Solutions Inc. of North Vancouver, Canada, is donating over 200 aerosol fire suppression devices to Ukraine, via the Canada-Ukraine Foundation.
  • These devices are used throughout North America to knockdown major fires to allow quick entry and suppression.
  • Installed aerosol fire suppression devices are designed to be triggered using electricity or batteries automatically on fire detection and are for complete suppression.
  • GreenTech aerosol fire suppression devices are non-harmful to humans or animals, non-pressurized, non-toxic, and water-free.

India B2C Ecommerce Market Opportunities Report 2023: A $149 Billion Market by 2028 - Social Commerce Firms are Refocusing their Efforts on Direct Sales Amid Growing Competition - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 21, 2023

B2C Ecommerce market in India is expected to grow by 10.75% on annual basis to reach US$107.3 billion in 2023.

Key Points: 
  • B2C Ecommerce market in India is expected to grow by 10.75% on annual basis to reach US$107.3 billion in 2023.
  • The country's B2C Ecommerce Gross Merchandise Value will increase from US$96.9 billion in 2022 to reach US$149.7 billion by 2027.
  • The B2C e-commerce industry is projected to grow at a rapid rate over the next five years in India.
  • These firms are now shifting their focus to direct sales amid growing competition in the market.

Aker BP moving ahead with nine of ten PDO projects

Retrieved on: 
Tuesday, March 21, 2023

The Troldhaugen project in the Edvard Grieg area, which represents around four percent of the net estimated resources in these projects, has been discontinued.

Key Points: 
  • The Troldhaugen project in the Edvard Grieg area, which represents around four percent of the net estimated resources in these projects, has been discontinued.
  • After this, each licensee must notify the MPE within three months whether they accede to the field development plan or not.
  • Aker BP has notified the MPE that it accedes to all but one of these PDOs, and the development projects are progressing according to plan.
  • The project is no longer considered to have sufficient financial robustness, and Aker BP has decided not to accede to the PDO.

Saudi's Space Mission will be for the Benefit of Science

Retrieved on: 
Monday, March 20, 2023

The results of which will enhance the Kingdom's global position within the field of space exploration and service to humanity.

Key Points: 
  • The results of which will enhance the Kingdom's global position within the field of space exploration and service to humanity.
  • It will also confirm the role of Saudi research centers in making a scientific impact in this field.
  • The SSC said that The Saudi experiments in space range from human research and cell science to artificial rain in microgravity.
  • Results are expected to contribute to a better understanding of space health and uncover biomarkers or potential therapies for inflammatory diseases in both Space and Earth.

Saudi's Space Mission will be for the Benefit of Science

Retrieved on: 
Monday, March 20, 2023

The results of which will enhance the Kingdom's global position within the field of space exploration and service to humanity.

Key Points: 
  • The results of which will enhance the Kingdom's global position within the field of space exploration and service to humanity.
  • It will also confirm the role of Saudi research centers in making a scientific impact in this field.
  • The SSC said that The Saudi experiments in space range from human research and cell science to artificial rain in microgravity.
  • Results are expected to contribute to a better understanding of space health and uncover biomarkers or potential therapies for inflammatory diseases in both Space and Earth.

What Are the Hottest Apparel and Footwear Brands by Generation and Gender? New Rankings May Surprise Retailers and Brands

Retrieved on: 
Monday, March 20, 2023

BOSTON, March 20, 2023 /PRNewswire/ -- Shopping attitudes and behaviors vary, sometimes widely, by generation – but each generation still plays a key influence role, whether it's over style and fashion or spending power.

Key Points: 
  • Footwear and Apparel Brand Heat Index ..
    To help brands and retailers identify which brands are gaining popularity – or brand "heat" –global strategy consultancy L.E.K.
  • The second annual Brand Heat Index ranks brands by generation – Gen Z, millennial and Gen X – across four product categories in men's and women's apparel and footwear.
  • Footwear consumers are increasingly demanding both style and comfort, indicating that brands need to differentiate themselves when it comes to both fashion and function.
  • In the meantime, distinctive silhouettes continue to help footwear brands stand out, such as Crocs, HEYDUDE, UGG, Vans and BIRKENSTOCK.

NEXITE TO EXHIBIT AT SHOPTALK 2023

Retrieved on: 
Monday, March 20, 2023

TEL AVIV, Israel, March 20, 2023 /PRNewswire/ -- Nexite , the pioneering data platform for real-time in-store intelligence, is exhibiting at Shoptalk 2023 from March 26-29 at Mandalay Bay in Las Vegas.

Key Points: 
  • TEL AVIV, Israel, March 20, 2023 /PRNewswire/ -- Nexite , the pioneering data platform for real-time in-store intelligence, is exhibiting at Shoptalk 2023 from March 26-29 at Mandalay Bay in Las Vegas.
  • Nexite will be exhibiting as part of the Israeli Pavilion at Shoptalk 2023.
  • Nexite's participation in Shoptalk 2023 comes on the heels of an incredibly successful collaboration with Factory 54 , the international fashion chain.
  • In addition to exhibiting at Shoptalk 2023, Nexite is serving as a Level 1 sponsor for the show.