The World Crypto Report

A UK crypto startup collapses (0:51), Europe tightens its grip on crypto firms (2:26), and U.S. investors double down on digital assets (4:17). Meanwhile, the Tornado Cash trial could set a precedent for software developers everywhere (5:49).

This is your essential update on the forces shaping what's next in money.

More on stories and articles mentioned or referenced in this episode:

Collapsed Crypto Firm Ziglu Faces $2.7M Deficit Amid Special Administration. Amin Haqshanas. CoinTelegraph.

https://cointelegraph.com/news/ziglu-crypto-collapse-2-7m-shortfall-savers-risk-loss

European Securities Regulator Warns About Crypto Firms Misleading Customers. Elizabeth Howcroft. Reuters.

https://www.msn.com/en-us/money/companies/european-securities-regulator-warns-about-crypto-firms-misleading-customers/ar-AA1IpOtP

Affluent Individuals & Crypto: What Do They Really Want? CoinShares (PDF).

https://coinshares.com/en/d/insights/survey/us-investors-survey-06-2025/

Tornado Cash Made Crypto Anonymous. Now One of Its Creators Faces Trial. Joel Khalili. Wired.

https://www.wired.com/story/roman-storm-tornado-cash-crypto-trial/

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

Robinhood faces scrutiny in Florida over whether it misled users on crypto trading costs (1:09). The SEC unlocks new ETF opportunities beyond Bitcoin and Ethereum (2:43). Greece freezes crypto tied to a North Korean-linked hack in a landmark enforcement case (4:02). And Bhutan goes all-in on digital payments, with Binance Pay accepted across more than 1,000 businesses (5:34).

This is your essential update on the forces shaping what's next in money.

More on stories and articles mentioned or referenced in this episode:

Robinhood's Crypto Trading Promotions Probed by Florida AG. Kirk Ogunrinde. Bloomberg.

https://finance.yahoo.com/news/robinhood-crypto-trading-promotions-probed-223920235.html

The SEC Opened the 'Floodgates' for Crypto ETFs, Experts Say, Marking a New Era for the Industry. Nino Paoli. Fortune.

https://fortune.com/crypto/2025/07/10/sec-atkins-trump-gensler-etf-crypto-investing-business/

First-Ever Crypto Seizure in Greece: How Chainalysis Reactor Helped Authorities Recover Funds from the $1.5B Bybit Hack. Chainalysis Team. Chainalysis Company Blog.

https://www.chainalysis.com/blog/greece-first-ever-crypto-seizure-bybit-hack-2025/

Bhutan Partners with Binance Pay to Cement Crypto-Enabled Travel. Olivia Palamountain. Globetrender.

https://globetrender.com/2025/07/10/bhutan-partners-binance-pay-cement-crypto-enabled-travel/

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

Two men face federal charges in a $650 million crypto scheme tied to OmegaPro (1:05). Meanwhile, SaruTobi reboots on iOS with native Bitcoin Lightning payments (2:40), Ripple teams up with BNY Mellon on stablecoin custody (4:13), and the SEC's Hester Peirce reminds the industry: tokenized stocks still count as securities (5:40).

This is your essential update on the forces shaping what's next in money.

More on stories and articles mentioned or referenced in this episode:

Two Men Charged in $650 million OmegaPro Cryptocurrency Fraud Scheme. Carlos Robles. BNO News.

https://bnonews.com/index.php/2025/07/two-men-charged-in-650-million-omegapro-cryptocurrency-fraud-scheme/

OmegaPro Founder and Promoter Charged for Running Global $650M Foreign Exchange and Crypto Investment Scam. Office of Public Affairs. Department of Justice.

https://www.justice.gov/opa/pr/omegapro-founder-and-promoter-charged-running-global-650m-foreign-exchange-and-crypto

Apple Approves 'SaruTobi' Game for iOS with Cryptocurrency In-App Purchases. Andrew Orr. Apple Insider.

https://appleinsider.com/articles/25/07/09/apple-approves-sarutobi-game-for-ios-with-cryptocurrency-in-app-purchases

BNY Mellon Will Have Custody of Ripple's New Stablecoin as Institutional Interest in Crypto Swells. Tanaya Macheel. CNBC.

https://www.cnbc.com/2025/07/09/bny-mellon-will-have-custody-of-ripples-new-stablecoin.html

SEC's 'Crypto Mom' Says Tokenized Securities Are Still Securities. Chris Prentice. Reuters.

https://finance.yahoo.com/news/secs-crypto-mom-says-tokenized-201203683.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

Trump Media is going all-in on crypto with a new ETF filing, but questions about political entanglements remain (0:52). Meanwhile, ReserveOne is preparing to go public in a billion-dollar SPAC merger, led by veterans from both Wall Street and the crypto world (2:32). We also say goodbye to Akon City, the $6 billion crypto-powered vision that never got off the ground (3:53). And Kraken cements its ties to Wyoming, naming Cheyenne as its U.S. headquarters (5:29).

This is your essential update on the forces shaping what's next in money.

More on stories and articles mentioned or referenced in this episode:

Trump Media files for 'Crypto Blue Chip ETF' with SEC. Alan Suderman. Associated Press.

https://apnews.com/article/trump-media-crypto-etf-bitcoin-ripple-fb17cef26a8ff211a7a410cbdb8013fe

ReserveOne, Backed by Crypto Heavyweights, Set to Raise Over $1 Billion in Nasdaq Listing. Niket Nishant. Reuters.

https://www.reuters.com/business/reserveone-backed-by-crypto-heavyweights-set-raise-over-1-billion-nasdaq-listing-2025-07-08/

Akon's $6 Billion Crypto City in Senegal Abandoned. Wren Graves. Consequence.

https://consequence.net/2025/07/akon-city-senegal-cryptocurrency-abandoned/

Wyoming landed one of crypto's biggest names. Here's what that means for the state. CJ Baker. WyoFile.

https://wyofile.com/wyoming-landed-one-of-cryptos-biggest-names-heres-what-that-means-for-the-state/

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

The SEC is finally moving toward real crypto ETF regulation, but will the timeline get shorter—and the rules clearer (0:49)? Meanwhile, FTX creditors in restricted countries may not see their money anytime soon (2:19), and Brazil continues its strategic push to become a global crypto leader (3:43). And if you were hoping for a UAE residency visa via Toncoin staking… not so fast (5:32).

This is your essential update on the forces shaping what's next in money.

More on stories and articles mentioned or referenced in this episode:

US SEC's Guidance Is First Step Toward Rules Governing Crypto ETFs. Suzanne McGee. Reuters.

https://www.reuters.com/legal/government/us-secs-guidance-is-first-step-toward-rules-governing-crypto-etfs-2025-07-07/

FTX's Chinese Customers in Limbo Over Local Crypto Crackdown. Becky Yerak. Wall Street Journal.

https://www.wsj.com/articles/ftxs-chinese-customers-in-limbo-over-local-crypto-crackdown-6d230a67

Brazil's Crypto Market Strengthens with Arrival of New Players. Osvaldo Silva. United Press International.

https://www.upi.com/Top_News/World-News/2025/07/07/brazil-brazil-cryptocurrency-webull/9301751899947/

TON Cryptocurrency Plunges After UAE Authorities Refute Golden Visa Claims. Arslan Butt. FX Leaders.

https://www.fxleaders.com/news/2025/07/07/ton-cryptocurrency-plunges-after-uae-authorities-refute-golden-visa-claims/

No Golden Visa for Digital Currency Investors in UAE, Authorities Clarify. Emirates News Agency, WAM.

https://www.wam.ae/a/15nmo29

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

Congress launches "Crypto Week" with bills that could reshape U.S. digital asset regulation. We cover the legislation that aims to ban a federal CBDC, clarify crypto rules, and boost innovation (0:58). Also in the mix: a Trump-themed scam leads to a federal crypto seizure (2:32), a dormant Bitcoin whale suddenly moves $8.6 billion (3:58), and the UAE opens its doors to Toncoin holders with a new Golden Visa (5:31).

This is your essential update on the forces shaping what's next in money.

More on stories and articles mentioned or referenced in this episode:

House Announces Week of July 14th as "Crypto Week". United States House Committee on Financial Services.

https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=410793

Trump Inaugural Impersonators Scammed Donors Out of Crypto, Feds Say. Salvador Rodriguez. CNBC.

https://www.cnbc.com/2025/07/04/trump-cryptocurrency-ethereum-tokens.html

Bitcoin Investor Moves $8 Billion Worth of Crypto after 14 Years, Originally Bought for Less than $210,000 — 80,000 BTC Transferred from Dormant Satoshi-Era Wallet. Hassam Nasir. Tom's Hardware.

https://www.tomshardware.com/tech-industry/cryptocurrency/satoshi-era-bitcoin-investor-moves-usd8-billion-worth-of-crypto-after-14-years-80-000-btc-originally-bought-for-less-than-usd200-000

The UAE's Golden Visa: A Passport to Crypto Freedom? OneSafe Company Blog.

https://www.onesafe.io/blog/uae-golden-visa-crypto-holders

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

Robinhood's new crypto offering in the EU faces backlash from OpenAI (0:58). Senator Cynthia Lummis introduces a bill to simplify crypto taxes and legitimize everyday transactions (2:31). The IMF shuts down Pakistan's plan to support crypto mining with cheap power (4:14). And Ripple applies for a U.S. banking license to bring its stablecoin under federal oversight (5:41).

This is your essential update on the forces shaping what's next in money.

More on stories and articles mentioned or referenced in this episode:

OpenAI Condemns Robinhood's 'OpenAI Tokens'. Maxwell Zeff. TechCrunch.

https://techcrunch.com/2025/07/02/openai-condemns-robinhoods-openai-tokens/

Senate Republican Unveils Digital Assets Taxation Package. Julia Shapero. The Hill.

https://thehill.com/policy/technology/5384081-cynthia-lummis-crypto-tax-legislation/

IMF Rejects Pakistan's Proposal to Subsidize Electricity for Crypto Mining. Profit by Pakistan Today.

https://profit.pakistantoday.com.pk/2025/07/03/imf-rejects-pakistans-proposal-to-subsidise-electricity-for-crypto-mining/

Ripple Seeks a U.S. Banking License, Adding to List of Crypto Companies. Vicky Ge Huang. Wall Street Journal (subscription required).

https://www.wsj.com/finance/regulation/ripple-seeks-a-u-s-banking-license-adding-to-list-of-crypto-companies-e007afa4

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

Tech investors launch Erebor, a new digital-only US bank designed for crypto, AI, and defense startups (1:14). In Europe, a Deutsche Bank-backed euro stablecoin enters the scene under MiCA rules (2:36). Coinbase acquires token management platform Liquifi (4:02). And security researchers uncover a dangerous crop of fake crypto wallets in Firefox's add-on store (5:33).

This is your essential update on the forces shaping what's next in money.

More on stories and articles mentioned or referenced in this episode:

Peter Thiel Joins Tech Billionaires Backing New Lender Erebor to Rival Silicon Valley Bank. Tabby Kinder. Financial Times (subscription required).

https://www.ft.com/content/8c903f2e-42a6-496b-b098-ca733f340ffc

Deutsche Bank and DWS Launch Regulated Euro Stablecoin as Europe's Crypto Rules Kick In. Annika Masrani. Tip Ranks.

https://www.tipranks.com/news/deutsche-bank-and-dws-launch-regulated-euro-stablecoin-as-europes-crypto-rules-kick-in

Exclusive: Coinbase Buys Token Manager Liquifi as Crypto M&A Heats Up. Ben Weiss. Fortune.

https://finance.yahoo.com/news/exclusive-coinbase-buys-token-manager-120000424.html

Dozens of Fake Wallet Add-Ons Flood Firefox Store to Drain Crypto. Bill Toulas. Bleeping Computer.

https://www.bleepingcomputer.com/news/security/dozens-of-fake-wallet-add-ons-flood-firefox-store-to-drain-crypto

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

The U.S. Senate passes the One Big Beautiful Act — but shuts out key crypto reforms (1:04). Arizona's governor blocks a state-run Bitcoin reserve, despite growing interest nationwide (2:34). North Korean hackers strike again, targeting an Atlanta-based blockchain startup (4:10). And in Singapore, Binance stays steady as regulatory pressure pushes others out (5:36).

This is your essential update on the forces shaping what's next in money.

More on stories and articles mentioned or referenced in this episode:

The One Big Beautiful Act Passes in the U.S. Senate — Without Bitcoin Tax Amendment. Frank Corva. Bitcoin Magazine.

https://bitcoinmagazine.com/news/the-one-big-beautiful-act-passes-in-the-u-s-senate-without-bitcoin-tax-amendment

Arizona Governor Vetoes Bill to Stockpile Seized Crypto. Martin Young. CoinTelegraph.

https://cointelegraph.com/news/arizona-governor-vetoes-seized-crypto-stockpile-bill

Buckhead Business Owner Says Remote Workers He Trusted Turned Out to Be North Koreans Who Stole $1M. Justin Gray. WSB-TV Atlanta.

https://www.wsbtv.com/news/local/north-korea-agents-steal-nearly-1-million-cryptocurrency-buckhead-business/XGEVBB7Z4JHPLPPP5XMNMDZ7DA/

Binance to Keep Hundreds of Staff in Singapore Despite Crypto Crackdown. Suvashree Ghosh. Bloomberg.

https://www.japantimes.co.jp/business/2025/07/02/tech/binance-staff-singapore-crackdown/

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

Spain cracks down on a massive crypto scam (1:10), Robinhood expands its blockchain game (2:43), Germany's Sparkassen Bank prepares for Bitcoin trading (4:12), and Pennsylvania tightens its crypto rules (5:35).

This is your essential update on the forces shaping what's next in money.

More on stories and articles mentioned or referenced in this episode:

Cryptocurrency fraud ring busted in Spain after laundering $540 million, Europol says. Reporting by Sudip Kar-Gupta. Editing by William Maclean. Reuters.

https://www.reuters.com/business/finance/cryptocurrency-fraud-ring-busted-spain-after-laundering-540-million-europol-says-2025-06-30/

Crypto investment fraud ring dismantled in Spain after defrauding 5,000 victims worldwide. Europol.

https://www.europol.europa.eu/media-press/newsroom/news/crypto-investment-fraud-ring-dismantled-in-spain-after-defrauding-5-000-victims-worldwide

Robinhood Goes All in on Crypto with Major Product Push. Vicky Ge Huang and Hannah Erin Lang. Wall Street Journal.

https://www.wsj.com/finance/currencies/robinhood-goes-all-in-on-crypto-with-major-product-push-c70eae79

Germany's Largest Banking Group Sparkassen Adds Cryptocurrency Trading Services: Report. Daniel Kuhn. The Block.

https://www.theblock.co/post/360396/germanys-largest-banking-group-sparkassen-adds-cryptocurrency-trading-services-report

Changes coming to cryptocurrency in Pennsylvania. George Stockburger. ABC 27 (Harrisburg, PA).

https://www.abc27.com/pennsylvania-politics/changes-coming-to-cryptocurrency-in-pennsylvania

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