Web Stories Wednesday, September 9
Rubio designates Ecuadorian gang linked to drug trafficking as terrorist group

NEWYou can now listen to Fox News articles! Secretary of State Marco Rubio on Wednesday said he has designated a new Ecuador-based gang as a Foreign Terrorist Organization and Specially Designated Global Terrorist.Los Tiguerones, which has been linked to narcotrafficking and other illicit activity, funds criminal activity against law enforcement…

U.S. Bank Moves USBDC Onchain in Cross-Border Pilot

U.S. Bank, the fifth-largest commercial bank in the United States, has completed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain.The pilot moved funds between U.S. Bank entities in North America and Europe, with USBDC issued and transferred on the public Stellar network. It also tested the stablecoin’s minting, redemption, freezing and clawback functions while integrating with the bank’s existing risk, compliance and operations systems.The transaction validated U.S. Bank’s internally developed…

United States

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Politics

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Business

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BitMart Misses Roadmap Deadline and Appoints Financial Adviser

BitMart appointed Alvarez & Marsal as its financial adviser on Wednesday, its self-imposed Sept. 9 deadline for an update, but did not publish the restructuring and business resumption roadmap it said it was developing.Alvarez & Marsal will work with BitMart’s legal advisers to evaluate the exchange’s assets, financial position, stakeholder…

Lifestyle

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