• ByBit announced a new debit card that will allow users to make payments and withdraw cash using crypto.
• Binance wanted to hire Gary Gensler as an advisor in 2018 and 2019, before he became head of the US Securities and Exchange Commission (SEC).
• ByBit temporarily suspended USD deposits via Wire Transfer until further notice.
PancakeSwap will launch its version 3 (V3) on BNB Smart Chain in the first week of April. The team is also working hard to constantly improve the PancakeSwap platform for users.
Egyptian authorities detained 29 people accused of running a crypto scam that defrauded thousands of investors and pocketed about $620,000. The group ran an online platform called “HoggPool” promising large profits from crypto mining and trading services.
The Pakistan Banks’ Association (PBA) signed off on developing a blockchain-based Know Your Customer (KYC) platform with the Avanza Group. This is part of the State Bank of Pakistan’s efforts to strengthen the control infrastructure for Anti Money Laundering/Terrorist Financing capabilities in the country.
The Bank of International Settlements (BIS) and seven central banks began testing cross-border payments using Central Bank Digital Currencies (CBDCs). This pilot program aims to assess how CBDCs can be used for domestic and international payments between participating central banks.