On the 20th, WBF announced the closing of the Singapore platform within the year.

However, it has been occasionally announced that the Chinese authorities will tighten regulations on cryptocurrency exchanges.
Huobi, one of the largest exchanges, has also announced the shut-out of users from mainland China.
WBF and others are also considered to be part of the regulations of the Chinese authorities.

KING Token is currently preparing to be listed on an exchange that can avoid the influence of the Chinese government.
We are planning to relist in 2021. Details will be announced later.

■ Announcement by WBF below

https://wbfex.zendesk.com/hc/zh-cn/articles/4412563808281

■ Japanese translation of major parts
---
Users holding assets on the WBF platform must apply for withdrawal by email ([email protected]). Users who have not registered after January 20, 2022 will be charged a 10% annual storage fee. The format of the email is:

UID:

mobile phone:

email address:

name:

ID number / passport number:

currency:

quantity:

Receiving address:

Token standard:

Please provide the above information and send an email to [email protected]. Customer service handles it in a unified way. Thank you very much for your support and understanding of the WBF Exchange.

グランドローンチは世界に発信できる最高の場となる、ドバイ万博（2021年10月1日から2022年3月31日開催）にて、万博開催中のUAE建国５０周年の１２月２日（建国記念日）で準備しております。

我们正准备在能向全世界传播信息的场所-迪拜世博会（2021年10月1日至2022年3月31日举行）的阿联酋建国50周年的12月2日(建国纪念日)隆重推出。

The Grand Launch will be announced on the UAE National day at the Dubai Expo (held from October 1, 2021 to March 31, 2022), which is the perfect place to send to the world.

そして、この度、

EVダイナミクス（香港上場：旧会社名中国動力-https://evdynamics.com/） 子会社ジャパンダイナミクスとの提携に続き、

中東UAE（アビダビ）初のEVメーカーとの提携が決定し、関係者向けに発表されました。
UAEと日本の自動車メーカー関連企業を中心とする合弁企業となり、出資や提携企業として、現地王族ファミリーオフィスをはじめ日本を中心とした実績のあるテクノロジー企業が5－6社参画しています。

そして、テスラモータースが採用し話題となったstock-token方式を採用し、収益還元をトークンにて行うこととなり、

KING tokenの採用が決定し、契約が完了しております。

而这一次

继EV动力“香港上市公司：旧公司名为中国动力-https://evdynamics.com/”与子公司日本动力合作后，

已确定与中东阿联酋(Avidabi)首家EV制造商合作，并向相关各方宣布。
成为以阿联酋和日本汽车制造商相关企业为中心的合资企业，作为出资和合作企业，以当地王族家族办公室为首，以日本为中心的有经验的技术企业参与了5-6家。

然后，Tesla Motors采用了成为话题的stock-token方式，通过代币进行收益还原。

目前已决定采用KING token并已完成合作相关事宜。

And this time

In addition to the alliance with Japan Dynamics (listed in Hong Kong: former trade name China Power-
https://evdynamics.com/）, a subsidiary of EV Dynamics, the following has been decided.

The partnership with the first UAE EV manufacturer in the Middle East has been decided and announced to stakeholders.
It is a joint venture between the United Arab Emirates and Japanese automobile manufacturer-related companies, and 5 to 6 technology companies with a proven track record mainly in Japan, including the local royal family, are participating as investment and affiliated companies.

After that, we will adopt the stock token method that Tesla Motors adopted and became a hot topic, and return profits with tokens.

The adoption of KING tokens has been decided and the contract has been completed.

●KINGSプロジェクト報告

KINGSプロジェクトでは、EV（電気自動車）関連企業との収益トークン化を推進しております。

提携企業の配当原資等をもとに、市場トークン買い介入を行うなどのオペレーションによるトークン価格の上昇を狙います。

KINGトークンは「複数の企業収益とのトークン連携を行う【Malti-stock-token】システム」となります。

●KINGS项目的报告
KINGS项目正在推进与EV（电动汽车）相关企业的代币商务化。

以合作企业的股息原资产等为基础，通过市场的代币购买等操作，期待提高代币价格。

KING代币是“与多个企业连接代币的【Malti-stock-token】系统”。

● KINGS project report

In the KINGS project, we are promoting the conversion of revenue tokens with EV (electric vehicle) related companies.

We aim to raise the token price through operations such as intervening to buy market tokens based on the dividend resources of partner companies.

KING Token is a "[Multi-stock-token] system that links tokens with multiple corporate profits".

[Publish company-related content]

The China Dynamics, the parent company of the Japan Dynamics, which has adopted the KINGS token (also called the KINGS stock token in the future), has announced a change in the company name.

"EV Dynamics"

This is a global strategic part of further development in the future.

To better reflect the Group's business and development direction for globalizing electric vehicles to the global market, we have proposed to change the company name to "EV Dynamics (Holdings) Limited".

http://www.chinadynamics.hk/china-dynamics-strategically-invests-in-germanys-quantron-ag-gains-foothold-in-europe-explores-opportunities-in-e-delivery-trucks-market/

[发布企业相关内容]

采用KINGS代币(将来也可以称之为KINGS-stock-token。)的日本动力集团的母公司中国动力公司，宣布了变更公司名称事宜。

”EV-Dynamics(EV动力)“

这是未来进一步发展的全球性战略部分。

<摘自宣发内容>
To better reflect the Group’s business and its development direction to globalise its electric vehicles to world markets, the Company has proposed to change its name to “EV Dynamics (Holdings) Limited”.

http://www.chinadynamics.hk/china-dynamics-strategically-invests-in-germanys-quantron-ag-gains-foothold-in-europe-explores-opportunities-in-e-delivery-trucks-market/