Cryptocurrency exchange OKX is rolling out a payment card in Europe, allowing users to spend stablecoins at merchants accepting Mastercard. The OKX Card is issued through the companyโs Electronic Money Institution (EMI) partner, Monavate, OKX said Wednesday in an announcement shared with Cointelegraph. At launch, the card supports spending in stablecoins including Circleโs USDC (USDC) and the Paxos-issued Global Dollar (USDG). The move comes as crypto companies seek to expand the use of stablecoins for everyday payments under Europeโs evolving crypto regulatory framework. โWith OKX Card, weโre making it simple…
Tag: Crypto
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Crypto Laundering On Centralized Exchanges Declines: Report
The use of centralized crypto exchanges for laundering illicit funds is on the decline, with Chinese-language money laundering networks now being used more than ever, according to Chainalysis. Chainalysis said in a report on Tuesday that informal service-based networks offered through Chinese-speaking channels have a wide variety of laundering-as-a-service businesses that use money mules, informal over-the-counter trade desks, and gambling platforms to mix and swap crypto. The networks emerged during the start of the COVID-19 pandemic in early 2020, and now โdominate known crypto money laundering activity.โ Centralized crypto exchanges…
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US Marshals Investigate Claims around Stealing $40M in Seized Crypto
The US Marshals Service confirmed โthe matter is under investigationโ following claims that millions in government-seized crypto was stolen. US authorities have confirmed that an investigation is underway into claims that the son of a federal contractor tasked with safeguarding seized digital assets stole more than $40 million in cryptocurrency. A spokesperson for the US Marshals Service confirmed to Cointelegraph that โthe matter is under investigationโ but declined to comment on details of the case. The investigation centers on social media claims that John Daghita, son of Command Services &…
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โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io In this video, we will share and understand why you should be ready for everything as situation is getting very uncertain and it can impact bitcoin and crypto market in near future and we should be ready for everything. Still hopes of crypto super cycle is alive as experts like Tom Lee are expecting bitcoin and crypto market to move up like gold and silver making new all time high. We will also share some more interesting charts showing bitcoin might show…
Chainalysis: Crypto Money Laundering Surged to $82 Billion in 2025
Key Notes Chinese-language money laundering networks now handle 20% of all known illicit crypto activity, operating through six distinct service types. Wealthy individuals circumventing China’s capital controls provide liquidity that services organized crime groups across Europe and North America. Authorities face challenges combating these resilient operations despite China’s 2021 crypto ban and prosecution of over 3,000 individuals in 2024. Illicit cryptocurrency money laundering activity climbed to over $82 billion in 2025, marking an eightfold increase from $10 billion in 2020, according to blockchain analysis firm Chainalysis. The considerable growth reflects…
Tom Lee Just Shared A Massive Update On Bitcoin, Ethereum and MicroStrategy. Be Prepared!
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io ๐Get your new ebook here๐ Tom Lee Just Shared A Massive Update On Bitcoin, Ethereum and MicroStrategy. Be Prepared! Willy Woo Warns Small Bitcoin Investors On The Bitcoin Cycle Peak, Be Prepared Willy Woo Just Changed His View On The Market, Big Surprise Is Coming! Bitcoin Update Welcome to Savyy Minds Connect ๐ค At Savyy Minds Connect, weโre passionate about empowering you to make savvy financial decisions ๐ฐ. Our channel is dedicated to exploring the world of investments, from cryptocurrencies to the…
Mesh Becomes Latest Crypto Unicorn After $75M Series C Funding Round
Key Notes Dragonfly Capital leads $75 million Series C round with backing from Paradigm, Coinbase Ventures, and other major investors. Mesh aims to unify fragmented cryptocurrency ecosystem by connecting wallets, chains, and digital assets into single network. Platform enables users to pay with any crypto while merchants receive stablecoins, with portion of raise settled using stablecoins. Cryptocurrency payments network Mesh has successfully closed a $75 million Series C funding round led by Dragonfly Capital with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures. The firm…
Mesh raises $75M Series C to Expand Crypto Payments Network
Mesh, a San Franciscoโbased crypto payments infrastructure company, raised $75 million in a Series C funding round led byย Dragonfly Capital, bringing its total funding to more than $200 million and valuing the company at $1 billion. The round included participation from Paradigm, Moderne Ventures, SBI Investment, Coinbase Ventures and Liberty City Ventures, according to an announcement on Tuesday. Mesh said a portion of raised funds was settled using stablecoins rather than traditional banking rails. Mesh will use the funds to expand its crypto payments network across regions including Latin America,…