Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta

The National Unity Government bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.

• 2023-07-20
• Myanmar currency swaps Aung San Suu Kyi National Unity Government spokesperson currency exchange Myanmar kyat SDB USDT

Monthly crypto exchange volume tumbled in May, hitting 32-month low

Although there are a lot of builders in the crypto space, the total money being invested into the crypto market has hit 32-month lows in May. Cryptocurrency monthly exchange volume, which calculates spot market volume across all crypto exchanges, was $439.42 billion in May, down over 27% from $604.88 billion in April, according to data from The Block. Binance, the largest exchange, saw about $218 billion in monthly exchange volume during May, dropping about 26% from $293.83 billion in the prev

• 2023-06-02
• exchange volume crypto exchanges crypto market Patrick Hillmann spokesperson New York Jets

PayPal just paused its plan to release a stablecoin after reports its partner is under investigation amid a larger crypto crackdown

The reported pause follows a month of concerted federal and state regulatory actions against crypto companies.

• 2023-02-11
• PayPal Department of Financial Services New York Department of Financial Services digital payments spokesperson payment provider Paxos