Boston

New York Man Pleads Guilty in Crypto-Fueled $25M Money Laundering Case

October 5, 2024 Bitcoin.com

bitcoin.com

The U.S. Attorney’s Office and the FBI announced on Friday that Yanbing Chen, a 30-year-old from Brooklyn, N.Y., pleaded guilty to his involvement in an international money laundering and drug trafficking conspiracy. The organization, led by Jin Hua Zhang of Staten Island, laundered over $25 million in drug proceeds and illegal funds. Chen delivered $50,000 […]

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BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans

April 26, 2022 Bitcoin.com

401(k) bitcoin

The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen “growing interest from plan sponsors” that wanted to add bitcoin to retirement […]

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BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’

December 22, 2021 Bitcoin.com

Argentina

Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether people are for or against vaccines, the mandate was “nuts” and […]

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BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’

July 13, 2021 Bitcoin.com

#BuiltWithBitcoin

According to Tom Jessop, president of Fidelity Digital Assets, the company is planning to increase staff by 70% because demand for cryptocurrencies continues to keep the firm busy. Fidelity Digital Assets, the subsidiary of the wealth management firm Fidelity Investments Inc., has also seen a significant amount of demand for ethereum. Crypto Demand Pushes Fidelity […]

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BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at $4.5 Billion

July 8, 2021 Bitcoin.com

Ark Invest

The Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and noted that the company expects to close the deal in Q4 with a valuation of $4.5 billion. Circle Announces SPAC Deal With Plans to Go […]

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BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round

May 6, 2021 Bitcoin.com

Analytics

On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital Currency Data and Analytics Firm […]

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BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems