It’s Win, Lose, and Draw for Tornado Cash Co-Founder, Crypto ETFs to Rise in Japan, and China Thinks “World” Is Intrusive | August 7, 2025
Release Date: 08/07/2025
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...
info_outlineThe World Crypto Report
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...
info_outlineThe World Crypto Report
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_outlineTornado 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 Declares Partial Mistrial in Crypto Mixer Money Laundering Case.” New York Law Journal, 6 August 2025, https://www.law.com/newyorklawjournal/2025/08/06/judge-declares-partial-mistrial-in-crypto-mixer-money-laundering-case/?slreturn=20250806150225.
Borak, Masha. “China Warns Against Submitting Biometric Data in Return for Crypto, Hinting at World.” Biometric Update, 6 August 2025, https://www.biometricupdate.com/202508/china-warns-against-submitting-biometric-data-in-return-for-crypto-hinting-at-world.
Dioquino, Vince. “Philippine SEC Cuts Access to Offshore Crypto Exchanges.” Decrypt, 6 August 2025, https://decrypt.co/333757/philippine-sec-cuts-access-to-offshore-crypto-exchanges.
Khalili, Joel. “Tornado Cash Developer Roman Storm Guilty on One Count in Federal Crypto Case.” Wired, 6 August 2025, https://www.wired.com/story/tornado-cash-developer-roman-storm-guilty-on-one-count-in-federal-crypto-case/.
Masrani, Annika. “SBI Drops a Crypto Bombshell with Japan’s First Bitcoin-XRP ETF Plan.” TipRanks, 6 August 2025, https://www.tipranks.com/news/sbi-drops-a-crypto-bombshell-with-japans-first-bitcoin-xrp-etf-plan.
“Unregistered Crypto Platforms Continue to Target Filipinos — SEC to Enforce Sanctions Against Violators.” Enforcement and Investor Protection Division, Securities and Exchange Commission (Philippines), 6 August 2025, https://www.sec.gov.ph/advisories-2025/unregistered-crypto-platforms-continue-to-target-filipinos-sec-to-enforce-sanctions-against-violatorsthe-securities-and-exchange-commission-sec-warns-the-public-against-engaging-with/#gsc.tab=0
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.