David Beasley News


France welcomes U.S. crypto companies looking for legal certainty

As Europe implements a regulatory framework for digital assets, a French regulator has invited American crypto industry participants to come to France if they want legal certainty, CoinDesk reported.


Hong Kong official to Coinbase: 'Come to HK for application of official trading platforms and further development plans'

After the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Coinbase, the largest cryptocurrency exchange in the U.S., for allegedly violating securities laws, Johnny Ng, a Hong Kong legislative council member, invited Coinbase and other exchanges to apply for crypto trading platform licenses in Hong Kong.


World Trade Organization director-general: 'The MOU aims to deliver specific things for the benefit of countries in the region'

The World Trade Organization (WTO) and the Caribbean Development Bank signed a Memorandum of Understanding (MOU) Oct. 25 to strengthen the bond between the two organizations.


Pedrotti Ace Hardware celebrated its centennial with a spectacular drone light show

Pedrotti Ace Hardware began in the small town of Crockett, California, in 1922, where it served the local community for 70 years before moving to Benicia, California, in February of 1992.


U.S. Global Investors: Returns of lockdowns in China 'a red flag for the global economy'

Almost as soon as COVID-19 lockdowns were lifted in China June 1, they are already coming back.


Goldman Sachs: 'Renewables are not a stand-alone solution'

A Goldman Sachs Asset Management presentation shows the downside of renewable energy, including geopolitical concerns.


Czech Republic defense minister on donations: 'I am incredibly proud of the solidarity of Czech citizens and companies with Ukraine'

Citizens of the Czech Republic have donated $42 million to purchase weapons for the Ukrainian army to protect itself against the Russian invasion, a news release said.


Financial tech company on latest award: 'We are looking forward to collaborating with financial institutions throughout the Gulf region, Middle East and Asia'

ThetaRay, an Israeli-based financial technology company, has won the "AML Solution Provider of the Year Award" by Middle East Banking AI & Analytics, a news release said.



Airspace CEO, co-founder: 'We're thrilled to announce this new round of funding'

Airspace, a California-based logistics company, closed on a $70 million round of investment funding, according to a news release.


Shanghai vice mayor on lifting COVID-19 lockdown: 'The epidemic has been effectively controlled'

Officials in Shanghai are taking "major steps" toward lifting the COVID-19 lockdown that has kept residents in their homes for two months, Shanghai Vice Mayor Zong Ming said at a press briefing Tuesday (May 31), the Associated Press reported.


Aviatrix CEO on new CMO: 'We're thrilled to have him lead Aviatrix marketing'

Michael Welts is the new chief marketing officer of technology company Aviatrix, a news release said.


'Infinite potential': New report describes market for vehicle 'skateboard chassis'

A new report describes the hot market for vehicles with "skateboard chassis."


A.L.I. Technologies Inc.: Flying motorcycle could 'be used by rescue teams to reach hard-to-reach areas in times of disaster'

A.L.I. Technologies Inc. will display its new flying motorcycle, the XTURISMO Limited Edition hoverbike at the Top Marques Monaco Show June 8-12, a news release said.


CellBion CEO on agreement with CPDC: 'We are delighted to be working with CPDC and to offer our product to the North American market'

The Centre for Probe Development and Commercialization (CPDC) has entered into a production, manufacturing and supply agreement with a South Korean company, CellBion, for a new treatment of prostate cancer, Lu-177-radiolabelled PSMA (DGUL), according to a news release.


Lawyer on Shanghai COVID-19 lockdowns: 'We are trapped in our homes, not allowed to leave'

With COVID-19 case numbers rising in China, residents in Beijing and Shanghai remain in lockdown as part of Xi Jinping's "zero-COVID" policy.


Chinese foreign ministry spokesman on possible SEC delisting: 'China is committed to resolving auditing and regulatory issues'

The Holding Foreign Companies Accountable Act (“HFCAA”) was made law on  December 18, 2020; its purpose is encapsulated by its name.


Nonprofit America First Works: 'When will corporations like J.P. Morgan act against the Chinese Communist Party’s abuses?'

The nonprofit group America First Works (AWF) has released a new video, which it says highlights J.P. Morgan's apparent hypocrisy when it comes to its relationship with China.


Analyst: China's 'zero-covid' policy has already caused 'significant disruption to the economy'

China has been locking down entire populations in pursuit of its "zero-covid" policy, a move that has raised humanitarian and economic concerns. Major companies are now expecting delays as the lockdowns continue, and a recent report shows that a significant number of the Chinese workforce are currently locked down.


'We are issuing a spirit-of-the-policy allowance': Meta updates Hate Speech policy to allow calls for deaths of Russian soldiers

Meta, the company formerly known as Facebook, is allowing hate speech against Russians on its platforms as Russia continues to attack Ukraine, Reuters reported.