Latest updates from the Cointelegraph team on the ground

Disclaimer: This article is updated all day long. All time codes are in the UTC time zone, updates in reverse order (the latest update is placed at the top).

Paris Blockchain Week Summit (PBWS) hosts multiple thought leaders from the crypto and blockchain universe on its second day, and the Cointelegraph ground team is at the venue to deliver the most recent developments from the event.

Paris NFT Day, the prequel event to the PBWS, saw the announcement of Cointelegraph France. On Wednesday, the Cointelegraph team delivered the important tidbits from sessions, as well as quotes from exclusive interviews, in a near real-time manner. CT reporters had the chance to interview key people from the crypto ecosystem, including Binance CEO CZ, Tether chief technology officer Paolo Ardoino and Binance’s NFT platform lead Helen Hai.

Don’t forget to check this article regularly to get notified about the most recent announcements from the event.

8:00 — The second day kicked off with The Future of Crypto Exchanges in Emerging Markets session.

Bitfinex CTO Paolo Ardoino noted that Tether (USDT), a stablecoin, is seen as a reserve asset in Turkey, Venezuela, Argentina and other similar countries. It’s sad because it should be supposed to work as an FX currency, he added:

“Bitcoin, DEX and CEX are financial solutions for nearly 2 billion unbanked population around the world.”