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Wintermute, an algorithmic trading firm in digital assets, accuses NEAR Foundation and Aurora of failing to uphold their agreement involving the conversion of $11 million worth of the now-defunct USN stablecoin to USDT. These tokens originated from the now-defunct FTX exchange and were acquired by Wintermute in exchange for fiat currency with the assurance of a complete conversion. 
Bridging the gap between fiat and the stablecoin USDC, MoneyGram has unveiled its non-custodial crypto wallet.
The payment solution ensures compliance with all KYC norms and maintains adherence to sanction regulations.
“We’re turning MoneyGram into a global ATM concept using blockchain,” shared CEO Alex Holmes. 
"Simply put, no. Bitcoin raises concerns among both local and European regulators. Our primary business demands our focus, and it wouldn't be rational to jeopardize it by engaging with a high-risk asset like Bitcoin," says Mykhailo Rohalskyi.
He believes that cryptocurrency lacks advantages over fiat money, apart from the potential to sidestep local currency regulations.
Speaking on Ukraine's crypto landscape, the Monobank co-founder added:
"I'm skeptical about the widespread acceptance of cryptocurrencies in our country. The approach of the National Bank of Ukraine to crypto regulation remains uncertain." 
In a pivotal ruling on July 25, Judge Philip Jeyaretnam of the Singapore High Court declared cryptocurrency as personal property, placing it on par with fiat money. Judge Jeyaretnam's elucidation is notable for the legal status of digital assets.
It was stemmed from a case where ByBit accused its former employee, Ho Kai Xin, of illicitly transferring approximately 4.2 million USDT from the company's coffers to personal accounts. The court mandated Ho to return the funds to cryptocurrency exchange. Exploring Robot Cache: AMD's Blockchain Game Marketplace
AMD is in the final stages of testing its blockchain-based marketplace, Robot Cache. This innovative platform gives gamers not just the option to purchase but also resell their games after they're done playing. In addition to fiat, Robot Cache allows transactions in its native coin, IRON, which users can acquire through various loyalty programs. Stably Unveils BRC-20 Stablecoin
Crypto startup Stably has unveiled Stably USD, a dollar-backed stablecoin aimed at transforming trading within Bitcoin’s thriving on-chain economy. The company asserts that its stablecoin offers a more cost-effective and efficient trading experience compared to fiat or Bitcoin itself. Synthetix Review: Fake Assets or a Promising Niche?
Synthetix is a decentralized liquidity layer that operates on both Ethereum and Optimism. Its principle is based on creating synthetic assets, which are pegged to the price of cryptocurrencies, fiat currencies, or even precious metals such as gold or silver. Alchemy Pay gains $10M from DWF Labs!
The payment system Alchemy Pay, which makes transactions between fiat and crypto counterparts smooth, just got a major boost. Thanks to a partnership with investment firm DWF Labs, Alchemy Pay has secured $10 million in funding. Now they can keep the good times rolling and simplify crypto payments for everyone! NEXO: The Utility Token for the Nexo Lending Platform
Nexo is a European private instant lending platform that enables users to borrow fiat currencies and stablecoins against their cryptocurrency collateral. By holding NEXO tokens in their portfolio, users can participate in the loyalty program and receive rewards and discounts. British universities that train crypto experts
Not all universities are ready to embrace the new reality of digital assets such as cryptocurrencies. Curriculums are typically fully oriented towards the outdated banking system with fiat currencies. However, there are universities in the UK that are eager to keep up with the times and move forward. 
The fiat gateway from Advcash made it possible for users to transfer their money stored in Russian banks, which have fallen under sanctions, to the exchange.
The user base is spreading this news, having gotten notifications from the exchange about it.
Nevertheless, Advcash representatives assert that they haven’t received any communications from Binance concerning updates to their partnership. 
MetaMask Portfolio now lets users cash out crypto to fiat currencies like USD, EUR, and GBP. Users can quickly convert crypto to fiat, sending it directly to preferred destinations like bank accounts or PayPal.
Instead of relying on one provider, MetaMask aggregates multiple vetted providers, presenting real-time conversion options.
Currently, this feature supports ETH on Ethereum Mainnet in the US, UK, and parts of Europe. Expansion plans include more regions and layer 2 network gas tokens. 
Brazil's Central Bank has officially christened its digital currency as 'Drex', moving away from its previous moniker, the digital real.
The visual identity of Drex has also been released, featuring two arrows, with one integrated into the uppercase 'D', illustrating the transition of Brazil's conventional fiat currency to its digitalized form.
Does the green hue symbolize perpetual growth? From Suits to Satoshi: Bankers Flock to the Crypto Industry
Even in the face of regulatory challenges and the persistent downturn of 2022, former bankers who've made the shift to the crypto industry, particularly those from the traditional finance (TradFi) sector, seem uninterested in reverting to the old fiat-banking system. Choosing a Crypto Card?
A crypto card is an essential financial tool, significantly accelerating the widespread adoption of cryptocurrency, and offering the chance to abandon traditional cash and fiat currencies completely. With a crypto card, you can make purchases in retail outlets worldwide or online, paying for goods and services with digital assets. Crypto Deposits: The Alternative to Traditional Banking
Fiat currencies are prone to constant devaluation and inflation. The interest rates on bank deposits are no longer sufficient to cover the rate of depreciation of such means of payment. Nonetheless, investing in crypto deposits is a popular tool that provides high returns. 
