Why Solana Fluctuations are Affecting Payroll Across Asia
For employers, payroll vendors, and contractors in Asia, the implications of and the stablecoin preference play out in several concrete...
Beijing Court Sentences Five Over $166M Crypto FX Scheme
TLDR: Beijing court sentences five for using USDT to transfer over $166M across borders illegally. Illegal foreign exchange using crypto...
Can Crypto Disrupt The $7 Trillion Foreign Exchange Market? This Startup Has A Stablecoin Plan
Fernando Martinez, CEO of NoncoNonco Fernando Martinez talks like a man who’s already seen the future. In it, SWIFT, the messaging networks thousands of banks around the world use to give instructions for transferring funds between accounts, is obsolete. He insists that the global foreign exchange market should run on stablecoins, cryptocurrencies typically pegged to fiat currencies like the U.S. dollar. These convictions underpin his company, Nonco, based in Miami. Founded in 2023 as a spin-out from Hong Kong crypto exchange OSL, it has quietly grown into one of the...