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Crypto Morning Briefing: Mastercard Teaming With Solana, Polygon on New Crypto Credential Standards

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JPMorgan Pursues Tokenization Plans Despite Crypto Downturn and Regulatory Hurdles

Major Wall Street investment bank JPMorgan is moving forward with its push to tokenize traditional financial assets despite last year’s market downturn.

Mastercard Teaming With Solana, Polygon on New Crypto Credential Standards

Mastercard is teaming with public blockchain developers Aptos Labs, Ava Labs, Polygon and The Solana Foundation on a new set of standards it's dubbing Crypto Credential in an effort to build the trust of consumers, businesses and governments in the sector.

Visa to Develop Brazilian Blockchain-powered CBDC Project

The payments giant Visa has unveiled a new blockchain and central bank digital currency (CBDC) project in Brazil. Per the Brazilian media outlet Livecoins, the firm was selected by the Brazilian central bank to “explore” “innovative” on blockchain technology-powered “usage cases” for the prototype digital real.

BabyDoge Can Now Be Sent As Payment On Twitter

Users Can Now Send and Receive Baby Doge on Reddit, Twitter, Discord, Twitch, and GitHub With PIP.

PayPal Extending Crypto Transfers to More Than 60 Million Venmo Customers

Nearly a year after PayPal allowed users to transfer crypto between its platform and other wallets, the company is set to roll out a similar feature for its more than 60 million Venmo customers located in the United States.

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $29,345.85 USD, dropped by 0.82% in the last 24 hours;

ETH’s live price is $1,895.97 USD, dropped by 1.05% in the last 24 hours;

BNB’s live price is $324.24 USD, dropped by 3.03% in the last 24 hours;

XRP's live price is $0.47 USD, jumped by 2.69% in the last 24 hours.

Fundraising News

Bitcoin Bitcoin $66,944.06
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    According to the official website of the United States Department of Justice, a complaint from the central region of California was made public yesterday, accusing two Chinese nationals of playing a major role in a money laundering scheme involving cryptocurrency investment fraud.Daren Li, 41 years old, is a dual citizen of China and St. Kitts and Nevis, and is also a resident of China, Cambodia, and the United Arab Emirates. He was arrested on April 12th at Hartsfield-Jackson Atlanta International Airport and later transferred to the central region of California. Yicheng Zhang, 38 years old, is a Chinese national currently residing in Temple City, California. He was arrested yesterday in Los Angeles. Today, they are accused of leading a money laundering scheme related to an international cryptocurrency investment scam, involving at least $73 million. These arrests were made possible thanks to the assistance of our international and US partners, demonstrating the Department of Justice's commitment to continuing to combat the entire cybercrime ecosystem and prevent fraud in various financial markets.

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  • In April, Polygon’s on-chain NFT sales exceeded US$50 million, setting the second highest record of the year

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