In today's crypto news, Thai police arrested a South Korean man for allegedly helping launder over $50 million in cryptocurrencies through a call center scam. The man, 33, was apprehended at Bangkok’s Suvarnabhumi Airport. The scam lured victims with false investment opportunities, leading to blocked withdrawals once deposits surged. Additionally, the head of the IRS's digital assets division, Trish Turner, resigned after three months and is set to join the crypto tax firm Crypto Tax Girl. Lastly, Coinbase predicts that the US dollar-pegged stablecoin market will grow to $1.2 trillion by 2028, spurred by new regulations and the increasing utility of stablecoins, indicating a significant impact on the US Treasury market as issuers seek to maintain collateral.

Source 🔗