Blockchain Press Releases
BRICS cooperation shines with strong appeal
BEIJING, Aug. 19, 2023 /PRNewswire/ — A report from People’s Daily: The 15th BRICS Summit to be held in Johannesburg is destined to be a grand and dynamic event.
Naledi Pandor, South Africa’s minister of international relations and cooperation, recently said that 67 leaders from African countries and the Global South have been invited to attend the BRICS-Africa Outreach and BRICS Plus Dialogue, and about 20 dignitaries from the African Union Commission, the United Nations and regional economic blocs have been invited for a meeting to be held before the summit.
South Africa actively supports the “recruitment of new members.” “We have had formal expressions of interest from the leaders of 23 countries in joining BRICS, and many more informal approaches about the possibilities of BRICS membership,” she added.
Over the past 17 years since the BRICS mechanism was established, BRICS countries have upheld the BRICS spirit of openness, inclusiveness and win-win cooperation, constantly expanded areas of cooperation, enriched the connotation of cooperation and achieved fruitful results.
The success of the BRICS cooperation has boosted the confidence of developing countries that hope to accelerate development while maintaining independence, and has won high recognition and trust from these countries.
A large number of emerging market countries and developing countries have shown strong willingness to further strengthen cooperation with BRICS countries.
During the 2017 BRICS summit in China’s Xiamen, China for the first time proposed the “BRICS Plus” cooperation model, building an important platform of solidarity and cooperation for emerging market countries and developing countries. It was hailed as an important innovation to expand BRICS countries’ global influence.
In 2022, at the 14th BRICS summit, the leaders of the five BRICS countries agreed to explore “BRICS Plus” cooperation at more levels, in more areas and in a wider scope, to promote the membership expansion process. It has received wide attention and active response from multiple parties.
The comprehensive and pragmatic cooperation of the BRICS is what makes the mechanism tremendously appealing. The BRICS cooperation has formed an all-dimensional mechanism led by leaders’ meeting and involving meetings of foreign ministers and senior representatives for security issues. It has forged a cooperation architecture with its three main drivers, namely, economic cooperation, political and security cooperation, and people-to-people exchanges.
BRICS countries are an important emerging force in the global economy. Statistics released by UK-based economic research institute Acorn Macro Consulting in March this year showed that BRICS countries accounted for a larger share of the global economy than the G7 in 2022 based on purchasing power parity.
The International Monetary Fund (IMF) predicted that in the next five years, BRICS countries will contribute close to 40 percent of global economic growth.
In recent years, BRICS countries have steadily strengthened pragmatic cooperation in areas including poverty alleviation, food security, COVID-19 fight and vaccination, development financing, climate change and green development, industrialization, digital economy and connectivity, injecting momentum into global economic recovery.
BRICS countries follow true multilateralism and make decisions based on equal footing and consensus-building. In a range of global multilateral mechanisms including the UN, G20, WTO, IMF and World Bank, BRICS countries have steadily enhanced policy communication and coordination, promoting the reform of the current international system in a constructive manner.
It can be said that the influence of BRICS cooperation has gone beyond the five countries and the cooperation mechanism has become a constructive force for boosting world economic growth, improving global governance and promoting democracy in international relations.
It’s not surprising that such a cooperation mechanism gains extensive recognition and support from the international community, and there will be more and more like-minded partners willing to join this promising mechanism.
In June this year, an article published on the website of Spanish newspaper Rebelion stated that BRICS countries share a common vision of fairer international trade and multilateral cooperation, which aims at safeguarding shared interests. They will promote a more just world order that brings stability to global production, the article added.
Against the backdrop of rising unilateralism, protectionism and exclusionism, BRICS countries keep away from exclusive “small circles” and are committed to building an inclusive “big family.” This has become a model for emerging market and developing countries to carry out South-South cooperation, building an extensive platform for emerging economies to participate in South-South cooperation.
Currently, the collective rise of emerging economies has become a trend of the times, and “BRICS Plus” is an important manifestation of this trend.
“BRICS Plus” cooperation always focuses on development and promotes the implementation of the UN 2030 Agenda for Sustainable Development, so as to advance global development. It can unite developing countries and explore new space for the development of the BRICS mechanism.
Feng Xingke, secretary-general of the World Financial Forum, said the BRICS resolutely upholds globalization and cooperation, and serves as a cooperation mechanism themed with development.
In recent years, the COVID-19 pandemic and other factors have made development the top priority for developing countries. This is why the BRICS cooperation mechanism is attractive to these countries, Feng said.
It is believed that the expanding “circle of friends” of the BRICS mechanism will further increase the representation and influence of BRICS countries. As more emerging market countries and developing countries deeply integrate into BRICS cooperation, it will demonstrate greater appeal with even more substantial cooperation results, and become a dynamic force making constructive changes to the global governance system.
View original content:https://www.prnewswire.co.uk/news-releases/brics-cooperation-shines-with-strong-appeal-301904984.html
Blockchain Press Releases
Bybit’s CEO Meets with Vietnam’s Minister of Finance to Support Regulatory Sandbox and Strengthen Crypto Compliance
DUBAI, UAE, April 19, 2025 /PRNewswire/ — Ben Zhou, Co-founder and CEO of Bybit, one of the world’s second-largest cryptocurrency exchanges by trading volume, met with H.E. Nguyen Van Thang, Minister of Finance of Vietnam, to express Bybit’s strong support for the country’s regulatory sandbox initiative and its vision to build a safe, transparent, and innovation-friendly digital asset ecosystem.
Hosted at the Ministry of Finance headquarters, the meeting centered on Vietnam’s efforts to establish a comprehensive legal framework for crypto assets. Minister Nguyen Van Thang outlined the Government’s plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. This initiative is designed to mitigate risks, strengthen investor protection, and ensure regulatory readiness before introducing official legislation.
A key part of the discussion focused on safeguarding the market against illicit activities. The Minister emphasized the importance of robust compliance frameworks, including Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, to prevent the misuse of digital assets and support the country’s financial security.
In response, Ben Zhou welcomed Vietnam’s measured and responsible approach to digital asset regulation and reiterated Bybit’s long-standing commitment to compliance:
“Vietnam’s forward-thinking regulatory sandbox is a critical step toward unlocking the full potential of blockchain technology. At Bybit, we are fully aligned with the Government’s focus on investor protection and financial integrity,” said Ben Zhou, Co-founder and CEO of Bybit. “We are proud to share our expertise in KYC, AML, and global compliance standards, and we look forward to supporting Vietnam in building a resilient, secure, and dynamic crypto economy.”
Bybit expressed its readiness to collaborate with Vietnamese authorities on several fronts, including system architecture design, transaction oversight, and the implementation of international best practices in AML/KYC. The exchange also proposed support in capacity building, such as training financial regulators and sharing experiences from other jurisdictions.
Minister Nguyen Van Thang welcomed Bybit’s proactive approach and assigned the State Securities Commission to coordinate with Bybit on concrete proposals. He also commended Bybit’s reputation for strong financial capabilities, technological resilience, and its adherence to legal and regulatory requirements in the markets where it operates.
This meeting underscores Bybit’s growing role as a trusted international partner for regulatory dialogue and innovation. It also highlights Vietnam’s readiness to embrace blockchain technology while ensuring financial safety and public confidence in the digital asset space.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press.
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View original content:https://www.prnewswire.co.uk/news-releases/bybits-ceo-meets-with-vietnams-minister-of-finance-to-support-regulatory-sandbox-and-strengthen-crypto-compliance-302432942.html
DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.
Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.
Prize Pool Distribution Highlights:
- 40% to the champion squad
- 30% to the runner-up
- 25% to the top 100 individual traders by volume
- 5% to users who correctly predict the winning squad
The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.
Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.
The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.
Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-launches-crypto-surf-copy-traders-and-bots-battle-for-250k-usdt-302432444.html
Blockchain Press Releases
Tomorrowland Brasil 2025 General Sale in Full Swing — Exclusive Cashback for Bybit Cardholders
DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, highlights that general ticket sales for Tomorrowland Brasil 2025 are currently ongoing, with exclusive benefit available to Bybit Card and Bybit Pay eligible users such as 20% cashback.
The Bybit Card is designed for global use and supports both fiat currencies—ARS, BRL, EUR, USD—and a wide selection of cryptocurrencies. Integrated with Apple Pay, Google Pay, and Samsung Pay, it offers users up to 10% cashback on everyday purchases, 8% APR through Auto-Savings, free worldwide delivery, and $100 in monthly ATM withdrawals at no cost—without any annual fees.
Returning to the vibrant setting of Parque Maeda in Itu, São Paulo, Tomorrowland Brasil 2025 will take place from October 12 to 14, promising three days of music, imagination, and cultural exchange. Famed for its theatrical stages, global audience, and meticulously curated lineup, Tomorrowland is more than a festival—it’s a world of its own. With each edition, it transforms into a breathtaking playground of light, sound, and storytelling, drawing music lovers from over 100 countries to celebrate unity through electronic music.
This year’s Brazilian edition will feature performances from some of the world’s most sought-after artists, including David Guetta, Armin van Buuren, Vintage Culture, Mind Against, Steve Aoki, James Hype, Alesso, Nervo, and I Hate Models. Special acts include Alok’s “Something Else” concept, ANNA b2b Vintage Culture, and a powerful b2b set from Matisse & Sadko and Third Party. With more names still to be revealed, the event is shaping up to be one of the strongest editions yet.
“Tomorrowland Brasil is one of those rare experiences that transcends music—it creates lasting memories and connects people from every walk of life,” said Joan Han, Head of Payment business unit at Bybit. “We’re proud to support this global celebration by offering our users exclusive benefits that make it easier to be part of something truly unforgettable.”
Tomorrowland Brasil continues to be a beacon of creativity, community, and connection, standing at the intersection of music, technology, and art.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
About TOMORROWLAND BRASIL
Tomorrowland Brasil 2025 will take place on October 10-12 in the beautiful festival area of Parque Maeda in Itu, a municipality in São Paulo. The festival will revolve around the mesmerizing ‘LIFE’ theme, set against the backdrop of Brazil’s enchanting natural beauty. A story set in the mythical realm of Silvyra, it’s a world unto its own, filled with creatures, plant life, and people living in harmony, each with their own stories, with the diversity of Silvyra’s lush nature represented in the spectacular ‘LIFE’ Mainstage. Offering the ultimate escape from the city during three days of bliss, guests will be treated to breathtaking performances by more than 150 of the world’s finest electronic artists across 6 mesmerizing stages.
The first two festival editions of Tomorrowland Brasil took place in 2015 and 2016 in the beautiful festival area of Parque Maeda in Itu, São Paulo. After years of dreaming of a return, Tomorrowland finally headed back to Brazil in 2023, becoming a yearly highlight once again.
Tomorrowland Brasil 2025
October 10-12, 2025
Parque Maeda, Itu
brasil.tomorrowland.com
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View original content:https://www.prnewswire.co.uk/news-releases/tomorrowland-brasil-2025-general-sale-in-full-swing–exclusive-cashback-for-bybit-cardholders-302432402.html
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