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Tether Helps Freeze Nearly $550M in Iran-Linked USDT in 2026

Tether says it helped U.S. authorities freeze nearly $550 million in Iran-linked USDT during 2026. The stablecoin issuer Tether said the frozen funds involved Iran’s Central Bank and sanctions networks. Moreover, the actions were based on information from U.S. law enforcement and sanctions authorities. Tether Freezes More Than $474M Through...

Citi Partners With Coinbase to Bring Stablecoin Payments to Corporates

Citi clients can accept stablecoins through Spring by Citi without managing digital assets. Coinbase converts stablecoin payments into fiat before Citi settles proceeds for merchants. Coinbase Virtual Accounts use Citi banking rails to connect fiat and stablecoin payments. Citi and Coinbase are expanding their partnership to help corporate clients accept...

Japan Arrests 2 in Cambodia-Linked Crypto Fraud

Japan arrests 2 suspects after fake police allegedly tricked a woman into transferring 81 million yen in a crypto fraud. Japan has arrested 2 suspects linked to a Cambodia-based crypto fraud network targeting Japanese victims. Police suspect losses reached 240 million yen. Japan Police Arrest 2 Suspects Over Crypto Transfer...

Grayscale Seeks Approval for ZCSH High Income ETF

Grayscale seeks SEC approval for a ZCSH High Income ETF offering bi-weekly payouts through options linked to its Zcash product. Grayscale has filed with the SEC for a new ZCSH High Income ETF. The proposed fund would focus on income from options tied to Grayscale’s current ZCSH product. It would...