Congress just passed the most significant crypto legislation in U.S. history—creating the first federal rules for stablecoins and mapping the regulatory terrain around the SEC and CFTC (0:54). President Trump is set to open 401(k) retirement plans to crypto and other alternative assets (2:29). Hackers have already stolen over $2 billion in 2025, with North Korea behind the biggest breach yet (3:59). And Tether is going beyond crypto, buying into Latin American agriculture and pushing USDT into global trade (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:
House Sends Stablecoin Bill to Trump's Desk, Capping String of 'Crypto Week' Victories. David Hollerith and Jake Conley, Yahoo! Finance.
https://finance.yahoo.com/news/house-sends-stablecoin-bill-to-trumps-desk-capping-string-of-crypto-week-victories-201658741.html
House Passes Crypto Market Structure Bill After GOP Revolt. Julia Shapero, The Hill.
https://thehill.com/policy/technology/5406895-house-passes-crypto-market-structure-bill/
Inside Congress Live: House Sends Crypto Bill to Trump in Historic Win for Industry. Jasper Goodman, Politico.
https://www.politico.com/live-updates/2025/07/17/congress/house-sends-historic-crypto-bill-trump-00460361
Donald Trump Set to Open US Retirement Market to Crypto Investments. Antoine Gara, Jamie John, and Stephanie Stacey, Financial Times (subscription required).
https://www.ft.com/content/07906211-5ab8-4917-bcad-5397c0bc3170
North Korean Hackers Blamed for Record Spike in Crypto Thefts in 2025. Zack Whittaker, TechCrunch.
https://techcrunch.com/2025/07/17/north-korean-hackers-blamed-for-record-spike-in-crypto-thefts-in-2025/
2025 Crypto Crime Mid-Year Update: Stolen Funds Surge as DPRK Sets New Records. Chainalysis.
https://www.chainalysis.com/blog/2025-crypto-crime-mid-year-update/
Why crypto giant Tether bought a South American farming company. Marcelo Teixeira, Reuters.
https://www.aol.com/news/why-crypto-giant-tether-bought-100117625.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