Alabama grants Transak a Money Transmitter License (MTL)
Transak secures its first Money Transmitter License (MTL) in Alabama. The license boosts security, speed, and compliance for US cryptocurrency services. Transak targets further state licenses as it enhances its…
Franklin Templeton launches its tokenized money fund on Aptos
Franklin Templeton has launched the OnChain U.S. Government Money Fund (FOBXX) on Aptos. FOBXX currently has a market cap of over $435 million, second among tokenized US Treasuries behind BlackRock…
Judge rules Tornado Cash co-founder will face trial for money laundering
Roman Storm will face trial on Dec. 2 for alleged money laundering via Tornado Cash. The judge rejected Storm’s defence that his code was protected under the First Amendment. The…
Florida court reinstates Binance US money services license
Binance US wins appeal to reinstate its Florida money-services business license. Court ruled OFR lacked legal justification for the emergency suspension order. Binance US suspension posed financial risks to over…
Developer of Tornado Cash found guilty of money laundering in the Netherlands
Alexey Pertsev, Tornado Cash developer, found guilty of laundering $1.2B in the Netherlands. Despite Tornado Cash being non-custodial, Pertsev sentenced to over 5 years in prison. Verdict sparks debate on…
BlackRock tokenizes Money Market Fund on Hedera, HBAR soars
Archax, Ownera and The HBAR Foundation have enabled the first tokenization of BlackRock’s money market fund (MMF) on Hedera. This is a major development in the real-world assets (RWAs) industry…
Paypal’s Xoom adds PYUSD as funding for cross-border money transfers
PayPal enables use of PYUSD in cross-border transfers for Xoom users Xoom users in the US can convert PYUSD into USD and send money to 160 countries. Xoom, the international…
Market Ignores CPI Inflation Data as Scorching Crypto Rally Continues and Money Pours Into Presales
Cryptocurrencies boomed in recent weeks, especially $BTC which soared above $50,000 for the first time in 2 years, despite the release of a recent C.P.I. (Consumer Price Index) that came…
Bitget Wallet Unveils ‘Smart Money’ Feature, Elevating Trading with AI-Enhanced Real-Time Insights
Victoria, Seychelles, January 5th, 2024, Chainwire The world-leading Web3 trading wallet, Bitget Wallet (formerly known as BitKeep Wallet), has unveiled its ‘Smart Money’ feature, an advanced tool designed to refine…
Play games, earn Money: how GFOX is revolutionizing P2E for mainstream users
Over the last 50 years, video games have mostly been a way to relax and forget about a busy day. But now, with news of new blockchain technologies like NFTs,…