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Paxful has pleaded guilty to widespread anti-money laundering (AML) failures after processing $3 billion in illicit transactions. The plea signals a significant escalation in regulatory enforcement and highlights a growing divergence between compliant and non-compliant cryptocurrency exchanges.
Bybit and Circle have partnered to expand USDC availability, reinforcing the stablecoin's rapid growth as its market cap approaches $80 billion. This move comes as Circle develops its own blockchain, Arc, to address institutional needs for stable, low-cost transactions.
