Paxos, a regulated tokenization infrastructure platform, has unveiled its new stablecoin payments platform, with Stripe as its inaugural customer. This innovative solution powers Stripe’s Pay with Crypto product, enabling merchants to seamlessly accept stablecoin payments. By leveraging Paxos’ comprehensive infrastructure for onboarding, pay-ins, conversions, and payouts, businesses can reduce costs and expand their international reach […]
TD Bank Makes History as First US Bank to Plead Guilty to Money Laundering Conspiracy
TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $ 3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guilty to Bank Secrecy Act program failures and the …
Ohio’s New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam
The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $ 130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes, particularly those involving cryptocurrency. Ohio’s New Fraud Unit Recovers $ 130K From Crypto Scam Ohio Attorney General …
Paypal Completes First Corporate Transaction Using PYUSD Stablecoin
Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with Paypal partnering with Ernst & Young LLP. Paypal Completes First PYUSD Stablecoin Business Transaction Paypal Holdings Inc. has completed its first […]
World’s First Vote-to-Earn Meme Coin Flockerz Hits $400K in Trending ICO
A new meme coin called Flockerz (FLOCK) is gaining huge attention in the crypto market. This project, which introduces a first-of-its-kind Vote-to-Earn (V2E) mechanism, has now raised $ 400,000 in its ICO phase. Flockerz Sets Itself Apart with Vote-to-Earn & DAO Power Flockerz is different from other meme coins. While it has the lighthearted …