7h ago
Tether details $4.2B in frozen USDT and Tron’s dominant share as of 28 February 2026
On 28 February 2026, Tether disclosed that it has frozen a total of $4.2 billion in USDT tied to illicit activity since the stablecoin’s inception, with roughly $3.5 billion of that occurring between 2023 and early 2026. The frozen amount represents about 2.3% of USDT’s roughly $180 billion circulating supply, with more than half of the blocked tokens on the Tron network, while analysts note the peg and liquidity remain stable.
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TRX
TRX-0.25%
7h ago
14h ago
U.S. Seizes Over $580M in Crypto From Southeast Asia Scam Networks in February 2026
On 28 February 2026, U.S. authorities reported seizing more than $580 million in crypto assets linked to Southeast Asia-based scam operations. Officials estimate Americans lose around $10 billion per year to such schemes, with $1.5 billion taken in the first three quarters of 2025. The interagency Scam Center Strike Force, created in November 2025, is using blockchain forensics to trace funds, dismantle fraud infrastructure, and pursue restitution for victims.
14h ago
1d ago
OCC Details GENIUS Act Plan to Rein in $318B U.S. Stablecoin Market With Bank-Like Rules
On 25 February 2026, the U.S. Office of the Comptroller of the Currency outlined how it intends to enforce the Guiding and Establishing National Innovation for U.S. Stablecoins Act, including strict limits on branded and white-label tokens. Under the proposal, permitted issuers would be capped at a single stablecoin brand, barred from offering yield, required to hold fully liquid 1:1 reserves and meet capital and reporting standards as the roughly $318 billion market shifts toward more heavily regulated players. The framework also opens a 60-day comment period ahead of rules that could become effective before January 2027.
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1d ago
1d ago
Citigroup Plans 2026 Launch of Institutional Bitcoin Custody and 24/7 Settlement Platform
On 27 February 2026, Citigroup detailed plans to introduce a comprehensive digital asset platform that will place Bitcoin directly within its core banking and custody systems. The initiative includes on-balance-sheet custody, 24/7 operations, Swift and API connectivity, and integration with internal tools such as CIDAP and Citi Token Services. The move aims to let institutional clients manage Bitcoin alongside traditional assets under the same risk, compliance, and reporting framework.
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BTC
BTC+1.43%
1d ago