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Alternatives of USDT Gained Wider Merchant Access including Microsoft
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Alternatives of USDT Gained Wider Merchant Access including Microsoft

Currently, BitPay supports Bitcoin, Bitcoin Cash, and Ether Payments. As of recent, the blockchain payment processor will now accept Circle USD, Gemini Dollar, and Paxos Standard Token.

Leaked FinCEN Files: $137M Linked to Crypto Ponzi Scam OneCoin Laundered Through Bank of New York Mellon
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Leaked FinCEN Files: $137M Linked to Crypto Ponzi Scam OneCoin Laundered Through Bank of New York Mellon

A leaked trove of US official documents revealed that five major banks were involved in illicit transactions pertaining to mobsters and crypto Ponzi schemes.

Caitlin Long's Avanti Crypto Bank Raises $5 Million Funding Round, Inches Closer to Banking Charter Approval
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Caitlin Long's Avanti Crypto Bank Raises $5 Million Funding Round, Inches Closer to Banking Charter Approval

Avanti Financial Group, the crypto-focused bank, led by the Caitlin Long University of Wyoming Alumna, has taken another important step towards becoming a chartered crypto bank in the country. Caitlin Long is the founder and CEO of Avanti bank. The crypto bank has raised an angel round worth $5 million from several popular investors in cryptocurrency. The University of Wyoming Foundation led the funding round with partnerships from Malex Enterprises, Lemniscap, Antony Pompliano, Morgan Creek Digital, Blockchain Capital, Madison Paige Ventures, Gary Gigot, Digital Currency Group, Susan B. Anthony, and many others.

StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond
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StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond

The UnionBank of the Philippines and Standard Chartered have created a proof of concept required in the issuance of a blockchain-powered retail bond.

ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
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ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox

Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.

Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto
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Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto

Who is Yasutaka Nakamoto? Who is Satoshi Nakamoto? Are they the same person – Olof Gustaffson believes that Yasutaka had the technical knowledge of creating Bitcoin, as he has had extensive experience with microprocessors and semiconductors. Roberto Escobar, brother of the drug kingpin Pablo Escobar has launched a fork of the Bitcoin blockchain, known as “Dietbitcoin,” in 2019, which later on relocated to Ethereum’s ERC-20 standard. Roberto Escobar claimed that he has encountered a US government agent posing as Satoshi Nakamoto, which he reached the conclusion that the US government created Bitcoin. He further believes that the US government will one day crash the market completely by selling all of Nakamoto’s Bitcoins.

FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously
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FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously

Kenneth Blanco, the Director of the FinCEN warned banks to seriously consider how virtual currencies should fit into their anti-money laundering (AML) policies.

Standard Chartered's Virtual Bank, Mox Will Usher in New Era of Banking for Hong Kong
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Standard Chartered's Virtual Bank, Mox Will Usher in New Era of Banking for Hong Kong

Mox Bank Limited, or Mox, the new virtual bank in Hong Kong recently launched by Standard Chartered, has now been made available to select customers via invitation in an external pilot. The aim of the pilot is to prepare the state-of-art virtual bank for the public launch scheduled for later this year.

StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"
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StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"

Standard Chartered CEO Bill Winters delved into the issue of digital currencies and said that he believes their widespread creation and rollout was absolutely inevitable.

ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge
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ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge

Central Banks are planning their own payments revolution which could eliminate most cryptos from the cross-border payments conversation - all except Ripple (XRP).

Singapore FinTech Festival x SWITCH Highlights Day One
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Singapore FinTech Festival x SWITCH Highlights Day One

The Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH) joined forces for the first time as SFF x SWITCH. The 5-day event began today, bringing together global innovation and the corporate sector, as well as interested members of the public.

Ex-Chief Executive of the HKMA Establishes Digital Wallet Firm to Solve Issues in Cross-Border Trade Finance
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Ex-Chief Executive of the HKMA Establishes Digital Wallet Firm to Solve Issues in Cross-Border Trade Finance

The former Chief Executive of the Hong Kong Monetary Authority (HKMA) has established a new digital wallet company, RD Wallet Technologies Limited.

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