Category: Business

Bybit Deepens Regulatory Engagement with Vietnam Following High-Level Meeting with Deputy Prime Minister

DUBAI, UAE, June 5, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, reaffirmed its commitment to supporting Vietnam’s responsible digital asset development following a high-level meeting between Ben Zhou, Co-founder and CEO of Bybit, and Deputy Prime Minister Nguyễn Văn Thắng at the Government Headquarters in Hanoi.

The meeting marks the second official engagement between Bybit and Vietnamese authorities within the past year, reflecting continued dialogue as Vietnam advances its regulatory framework for digital assets and virtual asset markets.

The discussions followed the Government’s issuance of Resolution No. 05/2025/NQ-CP, which established a pilot framework for the country’s crypto-asset market. During the meeting, Deputy Prime Minister Nguyễn Văn Thắng emphasized Vietnam’s balanced regulatory approach toward digital assets — recognizing the sector’s innovation and economic potential while underscoring the importance of investor protection, anti-money laundering safeguards, anti-fraud measures, and transparent market supervision aligned with international standards.

The Deputy Prime Minister noted that Vietnam is actively seeking cooperation with reputable international industry participants to support the development of legal frameworks, supervisory systems, transaction monitoring capabilities, technology infrastructure, and talent training necessary for the safe implementation of the pilot program.

Vietnam also reiterated that participation in the pilot market will be subject to stringent requirements covering capital adequacy, operational track record, technological capability, cybersecurity standards, and international compliance experience.

Ben Zhou welcomed Vietnam’s progress in establishing a structured legal framework for digital assets and reaffirmed Bybit’s long-term commitment to regulatory collaboration and responsible market development.

“Vietnam is taking a forward-looking and measured approach toward digital asset innovation by prioritizing transparency, investor protection, and regulatory readiness from the beginning,” said Ben. “At Bybit, we believe the future of the digital asset industry depends on close collaboration with regulators and institutions. We are honored to continue supporting Vietnam through international best-practice sharing, institutional capacity building, compliance expertise, and talent development as the country builds a secure and globally competitive digital asset ecosystem.”

Bybit also reiterated its readiness to collaborate with Vietnamese stakeholders and local partners in areas including market surveillance, operational governance, risk management frameworks, and workforce training.

Deputy Prime Minister Nguyễn Văn Thắng expressed his expectation that Bybit could become a trusted partner to Vietnamese regulatory agencies during the pilot phase, contributing to the development of a healthy, transparent, and efficient crypto-asset market that balances the interests of the State, investors, and the broader public.

The meeting reflects Vietnam’s accelerating efforts to establish a controlled and internationally aligned regulatory framework for digital assets as the country positions itself as one of Southeast Asia’s emerging digital innovation hubs.

#Bybit  /  #NewFinancialPlatform

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 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: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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View original content:https://www.prnewswire.co.uk/news-releases/bybit-deepens-regulatory-engagement-with-vietnam-following-high-level-meeting-with-deputy-prime-minister-302792620.html

Bearing Traders Pvt. Ltd. Participates in INTEC 2026 held at Coimbatore

Coimbatore, June 5 : Bearing Traders Pvt. Ltd., the distributor of premium industrial Japanese bearing solutions, has participated in INTEC 2026, South India’s premier industrial trade fair, scheduled to be held from June 4 to 8, 2026, at the CODISSIA Trade Fair Complex, Coimbatore. The company welcomes visitors at Stall Nos. E25, E26, E50, and E51, where it showcases its comprehensive portfolio of bearing products and engineering solutions.

Organised by CODISSIA, INTEC 2026 marks the 21st edition of one of India’s most respected industrial exhibitions. The event attracts thousands of industry professionals, manufacturers, OEMs, engineers, and procurement leaders from across India and overseas, providing an ideal platform for business networking, technology exchange, and industrial collaboration. The exhibition features over 650 exhibitors and attracts more than 70,000 visitors across multiple exhibition halls.

At the exhibition, Bearing Traders (India) Pvt. Ltd. showcases an extensive range of high-performance bearing solutions from globally recognized brands, including NTN, JAF, and EZO. Visitors can interact with the company’s technical experts and explore bearing applications designed to enhance reliability, efficiency, and productivity across industries such as manufacturing, automotive, machine tools, automation, material handling, and heavy engineering.

Commenting on the participation, Mr. Manish Jain, Director at Bearing Traders (India) Pvt. Ltd., said,

“INTEC has consistently been one of the most influential industrial exhibitions in the country, bringing together key stakeholders from across the manufacturing ecosystem. Our participation reflects our commitment to supporting Indian industries with world-class bearing solutions, technical expertise, and dependable service. We look forward to meeting customers, partners, and industry professionals at our stall and discussing how our solutions can help improve operational performance and equipment reliability.”

Mr. Mukesh Jain, Director, Bearing Traders (India) Pvt. Ltd., added,

“Industrial exhibitions such as INTEC play an important role in connecting businesses, technology providers, and end users on a common platform. As industries continue to focus on operational efficiency and equipment performance, the demand for reliable and high-quality bearing solutions is increasing. Through our participation at INTEC 2026, we aim to showcase our latest offerings, strengthen industry partnerships, and demonstrate how our solutions can help customers achieve greater productivity and long-term value.”

With decades of experience in the bearing industry, Bearing Traders (India) Pvt. Ltd. has built a strong reputation for delivering quality products, technical support, and customer-centric solutions. The company’s presence across South India has been further strengthened by the efforts of its South India Territory Head, Mr. Suresh Menon, who has been a trusted partner for new and emerging manufacturers, helping them address their bearing requirements with the right products and technical guidance. Through its participation at INTEC 2026, the company aims to strengthen existing relationships, explore new business opportunities, and showcase the latest advancements in bearing technology to a wider industrial audience.

Industry professionals, OEMs, maintenance teams, distributors, and manufacturing companies attending INTEC 2026 are invited to visit Bearing Traders (India) Pvt. Ltd. at Stall Nos. E25, E26, E50, and E51 to learn more about the company’s product offerings and discuss their specific application requirements.

World Environment Day IHCL Reaffirms Commitment to Responsible Hospitality

Mumbai June 5: Marking World Environment Day, Indian Hotels Company (IHCL), guided by its ESG+ framework of Paathya, reaffirms its commitment to advancing responsible hospitality. Conceived as a path to positive change, Paathya integrates IHCL’s initiatives acrossclean energy, water stewardship, circular operations, waste reduction, green mobility and verifiable sustainability standards.

Mr. Gaurav Pokhariyal, Executive Vice President – Human Resources, IHCL, said,

“With a growing emphasis on resource efficiency, sustainability is increasingly shaping how the hospitality sector operates. As the industry evolves, there is an opportunity to align business performance with environmental stewardship, while responding to the expectations of conscious travellers. IHCL’s approach through Paathya reflects this direction, combining operational measures with initiatives that extend to the communities and ecosystems we are part of.”

IHCL continues to make steady progress in reducing its environmental footprint, with 41% of its electricity sourcedthrough renewable resources. The company has installed 386EV charging stations across 171 locations, operates 108 in-house organic waste composting plants, and runs 85 water bottling plants to reduce dependence on single-use plastics. Additionally, 54% of wastewater across its hotels is recycled.

IHCL’s community initiatives include support for watershed restoration, rainwater harvesting, revival of traditional water bodies and groundwater recharge across Gujarat, Tamil Nadu, and Karnataka, targeting 50 lakh cubic metres of water recharge and savings over three years, while supporting local livelihoods and ecological resilience.

IHCL has defined several short and long-term goals to be fulfilled by 2030 under Paathya. From 50% energy from renewable sources, 100% elimination of single-use plastic across all its hotels to ensuring 100% of waste water is reused, the company’s 100% of hotels will be certified to a global sustainability standard.

DomoAI Brings Seedance 2.0 Image-to-Video to Creators — First Generation Free, No Re-Upload Needed

Policybazaar on RBI Monetary Policy Committee’s Latest Decision

–Sarbvir Singh, Joint Group CEO, PB Fintech

“The RBI’s decision to hold the repo rate at 5.25% reflects a clear recognition that today’s inflation pressures are being driven primarily by global supply-side shocks rather than overheating domestic demand. With energy prices remaining volatile, higher interest rates would have done little to ease inflation while risking a slowdown in credit demand and consumption.

For fintech lenders, rate stability is particularly important because it preserves affordability for everyday borrowers — salaried professionals, self-employed individuals and small businesses that are highly sensitive to changes in monthly repayment obligations. Across the ecosystem, we continue to see healthy demand for productive credit, but customers are also becoming more conscious of borrowing costs and financial discipline.

The RBI’s stance strikes an appropriate balance between protecting growth and maintaining vigilance on inflation. By avoiding a premature tightening cycle, it has provided households and businesses with greater certainty while retaining sufficient policy flexibility should global risks intensify.” 

Farmers Ready to Transition – National Conference Calls for Markets, Finance and Policy to Share the Risk

New Delhi, June 05: India’s agricultural transformation is no longer a distant aspiration – it is already underway. Over two days of deliberations at  national conference on India’s Transition to Regenerative Agriculture: Policy, Partnerships, and Pathways – policymakers, farmers, agribusiness leaders, financial institutions, researchers, and civil society organizations came together with a shared recognition: while farmers are increasingly willing to adopt regenerative and climate-resilient practices, they cannot be expected to bear the risks and costs of transition alone.

A clear consensus emerged from the discussions that the next phase of India’s agricultural journey will require far more than isolated pilots and fragmented interventions. Participants emphasized the need for integrated, systems-level solutions that align policy frameworks, market incentives, financing mechanisms, technological innovation, and last-mile delivery systems.

The Nature Conservancy (TNC), in collaboration with the Confederation of Indian Industry’s Food and Agriculture Centre of Excellence (CII FACE), convened a two-day conference on 2-3 June in Delhi bringing together diverse stakeholders to deliberate on pathways for transforming India’s food and agricultural systems. It drew on findings from four years of PRANA’s (Promoting Regenerative and No-burn Agriculture) on-ground impact, TNC’s flagship programme, operating in 18 districts and 6,826 villages of Punjab to move farmers towards adopting regenerative agricultural practices.

Saswati Bora, Global Director, Regenerative Food Systems, The Nature Conservancy, said, “Transforming food systems demands the integration of science and knowledge, market incentives, and sustained financing working in concert. TNC’s foodscapes strategy brings these elements together to scale regenerative models that restore nature while strengthening livelihoods, and PRANA stands as its most advanced proof point. PRANA’s outcomes make a compelling case for placing food production at the centre of climate and biodiversity outcomes.”

Over the past four years – since its launch in 2021, PRANA has worked with farmers to reduce crop residue burning in Punjab.  The programme has also promoted water-efficient rice cultivation techniques like Alternate Wetting and Drying (AWD) and Direct Seeding of Rice (DSR) to conserve groundwater and reduce methane emissions. Alongside, it has focused on crop diversification and piloted innovative solutions like Pay-for-Results, which incentivized machinery service providers to extend services for crop residue management and DSR to farmers who didn’t own specialized machinery.

So far, PRANA has supported 370,000 farmers in adopting no-burn practices across 850,000 hectares. Its interventions have conserved around 400 billion litres of water and led to over 3.8 million tonnes of CO₂ equivalent emissions avoided. A key component of PRANA’s work has been how behaviour change methods, including using women’s agency in influencing decision-making within a patriarchal society, even though they own only 2% of the land holding, have been critical to moving the needle. PRANA built the capacity of and worked through a wide network of on-ground agents of change, including Gurudwara preachers, local sarpanches, women, street theatre groups and rural youth as last mile extension workers – with the vision that sustained behaviour change rooted in community trust can lead to lasting impact. 

Marc De Sousa Shields, Country Director, International Fund for Agricultural Development said: “At scale, regenerative agriculture depends on three pillars of trust that farmers need. They need to trust markets to reward change. They need to trust that institutions will support them. They need to trust that supporting infrastructure and technology will evolve and be affordable and accessible. When all this comes together, transition becomes possible. And India, with its scale, its systems, and experience, has the opportunity to show how it’s done. It’s not just agriculture being transformed. We’re building resilience, building sustainable stability. And importantly, we’re empowering farmers to be part of the change, not subject to change.”

The first day of the conference focused on sustainable agricultural practices, with sessions on sustainable rice management, crop diversification, market integration, and regenerative agriculture. Discussions highlighted water-saving technologies, greenhouse gas mitigation, and the transitions to diversified, cropping systems such as agroforestry, horticulture, and climate-smart crops.

During the conference, farmers also shared their lived perspectives. For instance, Parminder Singh, a crop residue management machinery service provider from Fatehgarh Sahib said “PRANA’s Pay-For-Results Model has helped me in increasing my income through service provision. Earlier, I used to provide in-situ crop residue management services over merely 50 acres. Now, I provide such services over 250 acres, and every year, more farmers are requesting in-situ crop residue management services on their fields. The Pay-For-Results pilot has enabled me to build a viable business model through my Super Seeder, which also helps me work with fellow farmers to protect the environment by eliminating residue burning.”

Another farmer, Harbans Singh from Khurshedpur, who has been farming for 45 years now, spoke about the importance of diversifying to poplar with PRANA’s guidance, He said, “poplar plantations have provided me much greater economic value, and the trees also clean the air, oxygenating it. I can also grow wheat alongside (through intercropping) and plan to plant at least a 1000 poplar trees every year. In fact, I will also plant for those farmers who can’t do it themselves.’

Manoj Dabas, Country Director, CIFOR-ICRAF, stated “India made history as the first country in the world to adopt a national agroforestry policy and yet, the integration of trees into farming systems remains an unrealised opportunity at scale. Agroforestry is the key to restoring circularity to our food systems. But knowledge alone will not move farmers, we must create tangible economic value for them to make this transition. The problems our agricultural landscapes face today are fundamentally different from those of a generation ago. Our solutions must evolve accordingly. That is precisely what initiatives like ITRI (Indian Treescapes Resurgence Initiative) are designed to do.”

Day two explored innovations in agri-food systems resilience and the mobilisation of finance for regenerative agriculture. One of the sessions examined how partnership-led approach to solarising agricultural pumps with smart-grid technology and allowing farmers to sell excessive energy back to the grid incentivised efficient water use. Discussions on climate-resilient innovations highlighted the potential of digital tools, agri-meteorological advisories, and improved crop varieties to reduce smallholder risk. A dedicated session on catalysing public-private partnership investments examined blended finance frameworks and the role of development finance institutions in unlocking capital for agricultural transition. The conference closed with a landscape-led session exploring how coordinated, systems-level approaches can scale regenerative agriculture across diverse agro-ecological contexts. 

Sushil Saigal, Interim Managing Director, Nature Conservancy India Solutions (NCIS), said: “What gives us the greatest confidence is not just the numbers, it is the partnerships this conference has helped forge. We leave these two days with stronger alignment across government, industry, science, and finance. The task now is to translate that alignment into action – expanding PRANA’s reach, integrating its learnings into national policy frameworks, and ensuring that the farmers of Punjab and beyond have the support they need to lead India’s agricultural transition.”  

China Tightens Oversight of Gig Economy Amid Worker Concerns

Shatz, Schwartz and Fentin encourages families to view estate planning as a defense against AI-driven financial scams

SPRINGFIELD, Mass. – As AI and high-tech scams targeting older adults become more sophisticated and more widespread, attorneys at Shatz, Schwartz and Fentin P.C. are encouraging families to view estate planning as an important tool for financial protection and fraud prevention.

The most recent Federal Trade Commission numbers show older Americans reported losing $2.4 billion to fraud, four times the amount reported just four years earlier. Increasingly sophisticated scams target seniors through fake tech support alerts, impersonation schemes, investment fraud, online romance scams and other digital tactics.

Estate planning and elder law attorneys say documents such as durable powers of attorney, trusts, health care proxies and trusted financial contacts can help families respond more quickly when suspicious activity or signs of diminished capacity arise.

“Estate planning is not only about what happens after someone passes away,” said Attorney Carol Cioe Klyman, a shareholder at Shatz, Schwartz and Fentin P.C. and co-author of the third edition of Massachusetts Elder Law. “It can also help protect individuals during their lifetime, especially at a time when financial scams are becoming more aggressive and increasingly targeted toward seniors.”

Attorneys say in many cases, victims may not realize they are being exploited until substantial financial damage has already occurred. Proactive planning and conversations among family members can help establish safeguards before problems develop. Having legal documents in place can provide trusted individuals with the authority to assist with financial decisions, monitor concerns and intervene when necessary.

PAPmusic announces new song ‘BREAKING PAPnews,’ further expanding the brand’s universe through fashion, music, and surreal pop

Created by artist and director LeiKiè, PAPmusic continues its international evolution through animation, pop culture and visual storytelling

MILAN, June 5, 2026 /PRNewswire/ — On June 5, artist and director LeiKiè launches “BREAKING PAPnews,” the new dance-pop single expanding the cross-media PAPmusic – Animation for Fashion universe.

Watch the official “BREAKING PAPnews” music video and enter the expanding PAPworld

Originally conceived as an unconventional animated film blending fashion, music, design, pop culture, and Italian artistic heritage, PAPmusic – Animation for Fashion has gradually evolved into an independent Italian entertainment project with a distinctive visual identity and narrative style.

Set between Milan, Rome, Venice, and Pompeii, the feature has built a colorful and surreal visual universe combining romantic comedy, music, fashion culture, and pop humor into a highly recognizable formula.

After receiving more than 50 international recognitions including awards and official selections, a long-running PAPtour across Italian cinemas, and the growth of an increasingly active community, PAPmusic now continues its evolution by officially opening the doors to the “PAPworld,” a creative ecosystem where cinema, music, animation, lifestyle, fashion, and pop culture merge together.

And this is exactly where “BREAKING PAPnews” enters the scene. ‘BREAKING PAPnews’ is not just a song. It’s the first signal coming from a much bigger universe that is still waiting to be discovered.”
— LeiKiè

LeiKiè’s new track is not presented as a simple song, but as the first signal of a broader cross-media universe.

Built on a high-energy electronic dance-pop aesthetic, the single mixes television language, social media culture and cartoon-inspired imagery into a deliberately ironic, hypnotic and instantly recognizable sonic and visual experience.

Throughout the video, LeiKiè continuously transforms through different pop identities and recurring looks that have progressively become part of the PAPworld imagery.

Most importantly, “BREAKING PAPnews” finally reveals the mystery that has intrigued the Italian audience for months.

The mysterious “PAPnews” announced on social media was not actually referring to the release of PAPmusic 2, as many fans had imagined, but to something called PAPgame.

It is this mysterious new project, PAPgame, that continues to build curiosity around the expanding PAPworld experience. While some of its imagery may evoke elements of a social or card-based game, the exact nature of the project intentionally remains undisclosed for now.

About LeiKiè  
Creator LeiKiè — a transformative artist, director and singer-songwriter who has made transmedia creativity and pop identity her distinctive signature — continues to build an autonomous and recognizable narrative universe where music, animation, fashion and surreal pop aesthetics constantly interact with one another.

About PAPmusic
PAPmusic – Animation for Fashion is an independent Italian cross-media entertainment project created by artist and director LeiKiè and produced by Not Just Music S.r.l., blending animation, music, fashion, pop culture and visual storytelling into a colorful and surreal universe known as the PAPworld.

A new phase of the PAPworld has officially begun.
More PAPnews coming soon.

Follow the expanding PAPworld:
Instagram PAPmusicOfficial
TikTok PAPmusicOfficial
YouTube PAPmusicOfficial

Contact: info@not-just-music.it

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CirQula India Partners with Student-Led Initiative Nirmyx to Responsibly Recycle Over 500 kg of E-Waste on World Environment Day

Kolkata, June 05: Reinforcing its commitment to responsible e–waste management and environmental sustainability, CirQula India, a leading authorised e–waste management company, partnered with student–led volunteer organisation Nirmyx to responsibly recycle over 500 kilograms of electronic and electrical waste gathered through a month-long e–waste collection drive across Kolkata. Undertaken in observance of World Environment Day, the initiative brought together industry experts, youth leaders and community participation to promote environmentally responsible disposal of the end-of-life electronics and advance circular economy practices.

The initiative, led by a dedicated team of 10 students from Modern High School for Girls under the banner of Nirmyx, mobilized citizens throughout  the city to responsibly dispose of end-of-life electronic devices while raising awareness about the growing need for sustainable waste management practices.

The event was attended by Barbara Voss, Consul General of Germany in Kolkata, and Priyasha Singhania, Founder & CEO of CirQula India. They highlighted the importance of responsible e–waste management, youth engagement in sustainability and collaborative action towards environmental stewardship.

As the authorized recycling partner, CirQula India ensured the scientific collection, transportation and environmentally compliant processing of the e–waste. The collected material, stored at Rajarhat, was officially handed over to CirQula India for recycling through authorized channels, preventing hazardous electronic waste from entering landfills and contributing to environmental degradation.

The event commenced with the collection of e–waste from Rajarhat by CirQula‘s designated vehicle. Accompanied by Nirmyx volunteers, the vehicle proceeded to the German Consulate General office here, which served as the symbolic culmination point of the campaign.

“At CirQula, we believe that sustainable change begins with awareness and collective action. The enthusiasm and commitment demonstrated by the Nirmyx team is truly inspiring and showcases how young changemakers can make meaningful environmental impact. Responsible e–waste management is no longer optional, it is essential for protecting our environment and conserving valuable resources. We are proud to partner with impressive initiatives like this that encourage citizens to adopt responsible recycling practices and contribute towards a circular economy,” said Priyasha Singhania, Founder & CEO, CirQula India.

In recognition of their efforts, Nirmyx core members and volunteers who actively participated in the drive, were presented with Certificates of Appreciation for their contribution towards mobilising citizens, collecting e–waste and promoting responsible recycling practices across Kolkata.

The collaboration between CirQula India and Nirmyx demonstrates how partnerships between responsible industry stakeholders, educational institutions and local communities can create tangible environmental impact. By ensuring the safe recycling of end-of-life electronics, the initiative contributed towards reducing environmental hazards while fostering greater awareness about sustainability among young people and citizens alike.