The US Treasury Takes Aim at Crypto ATMs, the CFTC Takes Up Crypto Spot Trading, the UK Takes Too Long with Crypto Policy, and More Crypto Companies Get Taken Public | August 5, 2025
Release Date: 08/05/2025
The World Crypto Report
A sweeping change in U.S. retirement policy (1:07), Ripple’s $200M Canadian expansion (2:27), and a novel effort to reclaim crypto’s “lost wallets” (3:59) Plus, the UAE takes a big step toward unified digital asset regulation (5:30). This is your essential update on the forces shaping what’s next in money. More on stories and articles discussed or referenced in this episode: Light, Joe. “Trump to Sign an Order Allowing Private Equity and Crypto Into 401(k)s.” Barron’s, 7 August 2025, . Riehl, Alex. “Crypto Giant Ripple to Acquire Stablecoin Payments Platform Rail for $275...
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Tornado Cash co-founder Roman Storm has been convicted of operating an unlicensed money transmitting business, but avoided a sanctions charge and a money laundering verdict, for now (1:13). Plus: SBI Holdings eyes a crypto-gold trust and a Bitcoin-XRP ETF in Japan (2:46), China warns against iris scans for crypto rewards (hinting at World) (4:20), and the Philippines blocks global exchanges amid a crypto crackdown (5:52). This is your essential update on the forces shaping what’s next in money. More on stories and articles discussed or referenced in this episode: Aquino, Alyssa. “Judge...
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The White House keeps its cards close on the size of a potential U.S. Bitcoin reserve (0:55). The SEC issues fresh guidance on liquid staking, easing compliance worries for platforms and ETF issuers (2:24). Corporate America’s appetite for ether is surging, with treasuries adding billions in holdings (3:54). And a new Ethereum‑based scam is making the rounds, stealing nearly $1 million through deceptive smart contracts (5:26). This is your essential update on the forces shaping what’s next in money. More on stories and articles discussed or referenced in this episode: Burt, Jeffrey....
info_outlineThe World Crypto Report
The U.S. Treasury warns of rising scams at cryptocurrency ATMs (1:17), the CFTC pushes to expand oversight of spot crypto trading (2:51), and George Osborne calls for the UK to accelerate its regulatory rollout (4:29). Plus, we look at IPO plans from Bullish and Figure Technology Solutions, two companies betting big on the future of blockchain finance (6:07). This is your essential update on the forces shaping what’s next in money. More on stories and articles discussed or referenced in this episode: “FIN-2025-NTC1: FinCEN Notice on the Use of Convertible Virtual Currency Kiosks for Scam...
info_outlineThe World Crypto Report
The U.S. CFTC launches a “crypto sprint” to fast-track digital asset regulation (1:24). Hong Kong unveils a new stablecoin licensing regime, setting the stage for tightly controlled growth (2:52). Across Asia, businesses are embracing stablecoins for cross-border payments, and luxury brands are joining the trend (4:24). Plus, the UK’s FCA reopens crypto ETNs to retail investors, signaling a change in oversight philosophy (6:09). This is your essential update on the forces shaping what’s next in money. More on stories and articles discussed or referenced in this episode: Adebayo,...
info_outlineThe World Crypto Report
The S.E.C. unveils “Project Crypto,” an ambitious new plan to overhaul U.S. crypto regulation and bring innovation back onshore (1:10). Plus: a new Deloitte survey shows that nearly 40% of large corporations are eyeing crypto for treasury operations (2:56). We also explore how younger Americans are using digital assets to buy homes (4:39), and why Bolivia’s partnership with El Salvador could be a game-changer for Latin America's crypto future (6:03). This is your essential update on the forces shaping what’s next in money. More on stories and articles discussed or referenced in this...
info_outlineThe World Crypto Report
The White House releases its most comprehensive digital asset strategy to date, signaling greater regulatory clarity (1:05). JPMorgan teams up with Coinbase to bring crypto access to millions of Chase customers (2:36). India’s CoinDCX is rocked by a $44 million hack linked to an insider (3:49). And new malware is making the rounds through fake crypto apps, posing a serious threat to users worldwide (5:19). This is your essential update on the forces shaping what’s next in money. More on stories and articles discussed or referenced in this episode: Bruggeman, Lucien and Jay O'Brien....
info_outlineThe World Crypto Report
The SEC approves in-kind transactions for crypto ETPs (1:04), Algeria makes a massive move against digital currencies (2:21), Iran tries to keep the lights on by going after illegal crypto mining (4:03), and RAKBANK introduces retail crypto trading in the UAE (5:40). This is your essential update on the forces shaping what’s next in money. More on stories and articles discussed or referenced in this episode: “Crypto Mining Accounts for Up to 20% of Iran’s Power Shortage.” Iran International, 29 July 2025, . “Nouvelle Loi en Algérie: Les Crypto-Monnaies Désormais...
info_outlineThe World Crypto Report
PayPal makes a crypto-powered move to streamline international payments (1:06), the FBI arrests a Florida man at the center of a troubling crypto-laced crime plot (2:46), and a stealth malware campaign hides in a Steam game (4:12). Plus, we explore how museums are eyeing stablecoins to cut down on credit card fees and boost digital donations (5:37). This is your essential update on the forces shaping what’s next in money. More on stories and articles discussed or referenced in this episode: Cunningham, Mary. “PayPal Says It Will Allow Businesses to Accept Payments in Over 100...
info_outlineThe World Crypto Report
Corporate America is making unprecedented bets on cryptocurrency, raising over $43 billion this year alone (more than all IPOs combined) (1:00). Tesla’s volatile Bitcoin journey highlights both the potential gains and critical risks of crypto timing (2:46). Meanwhile, crypto custody provider BitGo moves strategically into Brazil, tapping into the growing Latin American demand for institutional crypto solutions (4:33). And Wisconsin responds to a troubling rise in Bitcoin ATM scams, unveiling strict new rules to protect consumers (6:15). This is your essential update on the forces shaping...
info_outlineThe U.S. Treasury warns of rising scams at cryptocurrency ATMs (1:17), the CFTC pushes to expand oversight of spot crypto trading (2:51), and George Osborne calls for the UK to accelerate its regulatory rollout (4:29). Plus, we look at IPO plans from Bullish and Figure Technology Solutions, two companies betting big on the future of blockchain finance (6:07).
This is your essential update on the forces shaping what’s next in money.
More on stories and articles discussed or referenced in this episode:
“FIN-2025-NTC1: FinCEN Notice on the Use of Convertible Virtual Currency Kiosks for Scam Payments and Other Illicit Activity.” Financial Crimes Enforcement Network, U.S. Treasury, 4 August 2025, https://www.fincen.gov/sites/default/files/shared/FinCEN-Notice-CVCKIOSK.pdf.
Hitchcock, Logan. “Crypto Company Bullish to Raise Up to $629M in IPO.” Decrypt, 4 August 2025, https://finance.yahoo.com/news/crypto-company-bullish-raise-629m-185748750.html.
Jack, Debra. “Figure Technology Solutions, Inc. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering.” Figure Newsroom, 4 August 2025, https://www.figure.com/newsroom/announcement/figure-announces-confidential-submission-of-draft-registration-statement-for-proposed-ipo/.
Osborne, George. “Britain Missed the First Crypto Wave. We Can’t Miss the Second.” Financial Times, 4 August 2025, https://www.ft.com/content/3eded430-a854-44d6-9739-e8a350eae25f.
Parker, George and Martin Arnold. “UK Is Being ‘Left Behind’ on Crypto, Warns George Osborne.” Financial Times, 4 August 2025, https://www.ft.com/content/2b554e86-a4a6-4361-8db6-04876528b02b.
Reddick, James. “Crypto ATMs Fueling Criminal Activity, Treasury Warns.” The Record from Recorded Future News, 4 August 2025, https://therecord.media/crypto-atms-fueling-cybercrime.
“Release Number 9105-25: Acting Chairman Pham Launches Listed Spot Crypto Trading Initiative.” U.S. Commodity Futures Trading Commission, 4 August 2025, https://www.cftc.gov/PressRoom/PressReleases/9105-25.
Sandor, Krisztian. “Blockhain-Based Loans Firm Figure Files Confidential Submission for IPO.” CoinDesk, 4 August 2025, https://finance.yahoo.com/news/blockhain-based-loans-firm-figure-185015965.html.
The music in this episode was composed by Liborio Conti, and you can find more of his fantastic work at his YouTube page: https://www.youtube.com/liborioconti.