Washington’s latest squeeze on Tehran has put crypto crackdown deepens as US targets IRGC wallets squarely in the sanctions crosshairs, with the U.S. Treasury saying it has seized nearly $1 billion in cryptocurrency linked to Iran. Nearly $1 billion in crypto tied to Iran targeted by U.S. Treasury Tether froze $344 million in USDT across […]
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The UK is widening its crackdown on Russian sanctions evasion, targeting crypto exchanges and shadow finance networks it says are helping Moscow move money around Western restrictions. 18 new sanctions designations HTX, Garantex, and A7-linked entities targeted London says crypto is being used to support Russia’s war economy Critics warn sanctions can be blunt, political, […]
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Tether has launched GELT, a new Georgian stablecoin tied to the country’s financial and government ecosystem, adding another state-linked experiment to the growing stablecoin market. GELT launches as a stablecoin connected to Georgia’s government-backed financial infrastructure Tether expands beyond USDT with another push into real-world payments and settlement Stablecoins remain useful for trading, remittances, and […]
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Georgia is doubling down on crypto, and Tether is helping push that bet with a government-backed GEL stablecoin designed to put the Georgian lari on-chain. It’s a small-country move with bigger implications: stablecoins are no longer just trading chips for degens and market makers — they’re becoming real payment infrastructure. Georgia reiterates its crypto-friendly stance […]
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Tether is joining forces with Georgia to launch GELT, a stablecoin pegged to the Georgian Lari, in a move that could put the country’s national currency on blockchain rails and give its fintech ambitions a serious boost. GELT will be pegged to the Georgian Lari (GEL) Tether and the Georgian government are working together Georgia […]
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A federal lawsuit in New York is pressuring Tether to hand over roughly $344 million in frozen USDT tied to wallets flagged by US sanctions officials. $344 million in frozen USDT OFAC-designated IRGC-linked wallets Tether lawsuit tests centralized stablecoin power Victims seeking unpaid terror judgments The case was filed in the US District Court for […]
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U.S. CLARITY Act Could Push Stablecoins Into Core Financial Infrastructure, DBS Says The U.S. CLARITY Act is starting to look less like another dull crypto bill and more like a real turning point for stablecoins. DBS says the legislation could move dollar-backed tokens from speculative crypto side tools into the plumbing of payments, settlement, and […]
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Tether, Tron, and TRM Labs say their T3 Financial Crime Unit has frozen roughly $450 million in illicit crypto funds, a hefty reminder that blockchain crime leaves a trail even when criminals think they’re being clever. $450 million frozen by the T3 Financial Crime Unit T3 FCU = Tether, Tron, and TRM Labs’ anti-crime team […]
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Tether has frozen more than $213 million in USDT tied to Gurhan Kiziloz after a Brazilian court ruling in a tax dispute linked to gambling operations and cryptocurrency token sales. It’s a blunt reminder that centralized stablecoins can be incredibly useful right up until a court, regulator, or issuer decides they’re not. $213 million in […]
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Arkham says it has identified crypto wallets linked to Iran’s central bank, and the US Treasury’s sanctions response has already frozen roughly $344 million tied to the network. The money trail runs through Tron, Tether, and a mess of brokers, bridges, and DeFi tools built to make sanctions evasion harder to spot. Public wallet map: […]
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