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The Fed Addresses Debanking Cases in the Crypto Industry, Pledges Support for Stablecoin Regulation

The Federal Reserve Chairman Jerome Powell addressed the menace of Debanking in the crypto industry while pledging support for stablecoin regulation.  The Fed Chairman raised these issues at Tuesday’s Senate Banking Committee hearing while ruling out the idea of a digital dollar.  The monetary policy agency also confirmed that it is not in a rush…

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Kenya DCI

Kenya DCI Regains Control of Hacked Social Media Accounts Used for Crypto Scam

Kenya DCI regains control of hacked social media accounts used to promote a fake cryptocurrency and launches an investigation into the cyber-attack Hackers Exploited Accounts to Promote Fake Cryptocurrency Kenya’s Directorate of Criminal Investigations (DCI) announced on February 9, 2025, that it had regained control of its X (formerly Twitter) and Facebook accounts after hackers…

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Thai-Chinese

Thai-Chinese Operation Seizes $2.5M in Crypto, Arrests Two Scam Suspects

Thai-Chinese authorities arrested two Chinese nationals in Bangkok, seizing $2.5 million in USDT. The suspects are linked to a call center scam, human trafficking, and fraud. Investigations continue. Thai-Chinese Scam Leaders Linked to Human Trafficking and Fraud A joint operation between Thai and Chinese law enforcement led to the arrest of two Chinese nationals in…

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gemini

Gemini Secures In-Principle Approval in Malta to Offer Crypto Derivatives Across Europe

Gemini, a cryptocurrency exchange and custodian, has received in-principle approval from the Malta Financial Services Authority (MFSA) for an Investment Firm license.  Once finalized, the license will allow Gemini to offer regulated crypto derivatives, including perpetual futures, across the European Union (EU) and European Economic Area (EEA) under the Markets in Financial Instruments Directive II…

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tether zengo wallet

Tether Invests in ZenGo Wallet to Enhance Secure Self-Custody and Boost Stablecoin Adoption

Stablecoin issuer giant, Tether, has made a strategic investment in Zengo Wallet, a self-custodial crypto wallet known for its security and ease of use. Notably, the move highlights Tether’s commitment to promoting stablecoin adoption while enhancing secure digital asset storage solutions. Tether Announces Strategic Investment in Zengo Wallet to Advance Global Stablecoin Adoption Learn more:…

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