Kwon’s Guilty Plea Marks Watershed for Crypto Enforcement
The US Justice Department has secured a major victory in its crypto crackdown as Terraform Labs’ Do Kwon agrees to plead guilty to fraud charges.

The US Justice Department has secured a major victory in its crypto crackdown as Terraform Labs’ Do Kwon agrees to plead guilty to fraud charges.
As institutional interest in crypto grows, Pantera Capital has revealed a $300 million+ investment in digital asset treasury (DAT) companies, positioning them as a yield-generating alternative to ETFs or direct holdings.
In a bid for greater regulatory clarity, stablecoin issuer Paxos has applied for a national trust bank charter under the OCC.
Despite $1B in outflows early last week, crypto investment products rebounded to $572M in net inflows, lifting total assets under management to a record $32.6B.
Spot Ethereum ETFs shattered expectations Monday with $1.02 billion in net inflows – their first billion-dollar day since debuting last summer.
Coinbase is bridging the gap between centralized and decentralized finance with its new DEX trading feature, unlocking millions of assets for US users.
Bo Hines’ tenure as head of the White House’s crypto advisory council is coming to an end.
El Salvador has taken another step in crypto integration by passing a law that lets investment banks hold Bitcoin and offer digital asset services.
Animoca Brands, in collaboration with Standard Chartered and Hong Kong Telecommunications (HKT), has commenced the regulatory process to establish a licensed stablecoin operation in Hong Kong.
In a landmark move, President Donald Trump has signed an executive order allowing cryptocurrencies, private equity, and other alternative assets to be included in 401(k) retirement plans.
The SEC and Ripple have officially ended their legal battle by withdrawing appeals, leaving in place a landmark ruling that XRP is not inherently a security.
China’s top security agency has raised red flags over a cryptocurrency project—strongly resembling Worldcoin—for its mass collection of iris data, warning of potential national security breaches.
KakaoBank is positioning itself to capitalize on South Korea’s growing crypto market, with plans to offer stablecoin-related services.
SBI Holdings is bringing Japan into the crypto ETF race with plans for a Bitcoin-XRP dual offering, following similar products in the US and Europe.
Victoria, Seychelles, 6th August 2025, Chainwire

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