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first_img Tether assists in freezing nearly 550 million USD related to Iran USDT

The issuer of the stablecoin USDT, Tether, stated on September 28 that actions involving USDT in 2026 have frozen approximately $550 million, with the related wallets identified by U.S. authorities as being associated with the Central Bank of Iran and the Iranian sanctions network. Tether claimed that its cooperation with U.S. and international authorities has supported over 2,900 investigations globally, with more than 1,600 involving U.S. law enforcement agencies.According to Tether, in April 2026, it assisted in freezing over $344 million USDT across two addresses based on information provided by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and U.S. law enforcement agencies. The next day, OFAC listed these addresses as digital currency identifiers of the Central Bank of Iran, with the sanctions entry associated with the Quds Force of the Islamic Revolutionary Guard Corps and Hezbollah. In July 2026, the Treasury expanded the designated scope to four additional TRON addresses, with over $130 million USDT frozen across the four wallets.Tether CEO Paolo Ardoino stated that USDT is not a safe haven for sanctioned actors, terrorist organizations, or criminal networks, and that public blockchains allow authorities to see the flow of funds, enabling Tether to take action when law enforcement provides credible information. Tether also mentioned that it collaborates with over 340 law enforcement agencies in 67 countries, and its wallet freezing policy has been aligned with the OFAC Specially Designated Nationals list.

first_img Google Vids Free Open 1080p AI Video Generation

On September 23, Google announced that any user with a Google account can generate 1080p HD videos for free in its browser-based video editor Google Vids, accessible at vids.new. This feature is based on the Gemini Omni 1.1 Flash model and can transform text prompts, photos, audio, or existing clips into new videos. Previously, such generative capabilities mostly required a paid subscription to use.Google has also added several editing controls that previously required paid tools: scene extension can lengthen clips while maintaining consistency in lighting, characters, and scenes; users can set precise clip durations to align with scripts or voiceovers; and old AI clips with lower resolutions can be upgraded to 1080p without needing to regenerate. Each video segment generated by this tool embeds Google DeepMind's SynthID invisible watermark, which is not visible to the naked eye but can be read by machines. Users can check whether a segment was generated by AI using the SynthID Detector.The free quota varies by account type: personal Google accounts receive a standard quota, paid AI packages can unlock more, and Workspace Business and Enterprise subscribers receive a larger generation pool and team management controls. Gemini Omni will be launched as a paid feature for Google AI Plus, Pro, and Ultra subscribers in May 2026, with free access previously limited to YouTube Shorts and YouTube Create.

first_img The Central Bank of the Philippines plans to freeze the registration of payment operators for 12 months, tightening VASP regulation

The Bangko Sentral ng Pilipinas (BSP) has released a proposed announcement to suspend the acceptance of new applications for registration of payment system operators (OPS) for 12 months and to implement stricter controls on payment arrangements involving virtual asset service providers (VASP). The BSP stated that this move aims to conduct a comprehensive review of its classification and licensing framework.According to the draft, during the suspension period, the BSP will stop accepting and processing OPS applications. Applications submitted prior to the suspension can continue to be evaluated, but will not be approved or rejected until the suspension ends. Relevant entities are prohibited from conducting business activities that require OPS registration unless they obtain special authorization from the regulatory agency. In addition, BSP-regulated entities providing merchant acquiring services must connect licensed VASPs through direct merchant arrangements, and such relationships will be subject to enhanced due diligence, transaction and settlement limits, and other risk control measures.This requirement applies to virtual asset enterprises licensed, registered, or authorized by the BSP, the Securities and Exchange Commission of the Philippines, or other regulatory agencies, with VASPs being categorized alongside betting, gaming, adult industry, and money service businesses. If the draft is ultimately approved, it will take effect 15 days after publication, and the BSP is currently seeking public comments.
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