ISLAMABAD: Romania on Saturday proposed offering Pakistan a direct trade corridor into Europe through its Constanța Port, aiming to enhance bilateral trade and regional connectivity. Federal Minister for Commerce Jam Kamal Khan and Romanian Ambassador Dan Stoenescu held a constructive meeting in Islamabad, focusing on enhancing bilateral cooperation in trade, logistics, defence, energy, and culture. […]
Binance names Gillian Lynch as head of Europe and UK to lead its MiCA compliance and expansion across regulated crypto markets. Binance, the world’s largest cryptocurrency exchange, has appointed Gillian Lynch as its new head of Europe and the United Kingdom, signaling a renewed push to secure regulatory approval across the region. Lynch brings more than 20 years of leadership experience in fintech, banking and digital assets. She previously held senior roles at Gemini, Bank of Ireland and Leveris. The appointment, announced Friday, comes as Binance faces increasing scrutiny in Europe and seeks to align with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Lynch will oversee Binance’s regional strategy, day-to-day operations and regulatory engagements across key European and UK markets. Read more
Four people died in Spain, two in France and two in Italy as an early summer heatwave continued to grip much of Europe on Wednesday, triggering health alerts and forest fires and forcing the closure of a nuclear reactor at a Swiss power plant. Spanish officials said a wildfire in Catalonia had killed two people a day earlier, and authorities reported heatwave-linked deaths also in Extremadura and Cordoba. France’s energy minister reported two deaths linked to the heat, with 300 others taken to the hospital. Italy issued red alerts for 18 cities, while in Germany, temperatures were forecast to peak at 40 degrees Celsius in some areas, making it the hottest day of the year. Two men over the age of 60 died in separate incidents on the beach in Sardinia from the heat, ANSA news agency reported. Weather forecaster Meteo France said red alerts remained for several areas of central France. The risks were greatest for vulnerable members of the population, and Catherine Vautrin, France’s health and families minister, ...
Bybit and OKX have both launched MiCA-compliant crypto exchanges in the EU, marking a significant push into Europe’s newly unified regulatory landscape. Update (July 2, 2025, at 2:10 pm UTC): This article has been updated to add commentary by Erald Ghoos, OKX Europe CEO. Crypto exchanges Bybit and OKX both launched fully regulated platforms in Europe this week as regulatory clarity continues to attract major exchanges to the bloc. According to a Wednesday announcement, crypto exchange Bybit.eu launched to serve European Economic Area (EEA) users with a Crypto-Asset Service Provider (CASP) license under the Markets in Crypto-Assets Regulation (MiCA) framework. Under the rules, Bybit’s Austria-based operations, established in late May, are licensed in 29 EEA countries. Read more