Bullish IPO Frenzy, America’s Gentler Crypto Enforcement, Senior Scam Surge, Google’s New Wallet Rules | August 14, 2025
Description
Bullish makes its market debut with a billion-dollar IPO and a rollercoaster first day of trading (1:10 ). Public Citizen says U.S. regulators are easing off crypto enforcement — and big political donations may be part of the story (2:38 ). Older Americans face growing losses in crypto-related scams, as fraudsters shift to high-dollar digital asset schemes (4:30 ). Plus, Google Play tweaks its licensing rules for wallet apps after industry pushback (5:50 ).
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:
Claypool, Rick. “Deleting Tech Enforcement: Trump 2.0 Is Dropping Lawsuits and Investigations Against the $1 Billion-Spending Technology Sector.” Public Citizen, 13 August 2025, https://www.citizen.org/article/deleting-enforcement-trump-big-tech-billion-report/.
Conley, Jake. “Bullish Stock Ends First Day at $70 with 90% Gain, Giving Crypto Exchange Market Cap Above $10 Billion.” Yahoo! Finance, 13 August 2025, https://finance.yahoo.com/news/bullish-stock-ends-first-day-at-70-with-90-gain-giving-crypto-exchange-market-cap-above-10-billion-133442763.html.
Division of Consumer Response and Operations Staff. “False Alarm, Real Scam: How Scammers Are Stealing Older Adults’ Life Savings.” U.S. Federal Trade Commission, 7 August 2025, https://www.ftc.gov/news-events/data-visualizations/data-spotlight/2025/08/false-alarm-real-scam-how-scammers-are-stealing-older-adults-life-savings.
L33tz, L0la. “Google Play Store Bans Wallets That Don't Have Banking License: New Google Play Store Policy Now Requires FinCEN Registration, State Banking License, or MiCA License for Non-Custodial Wallets.” The Rage, 13 August 2025, https://www.therage.co/google-play-store-ban-wallets/.
Sobrado, Boaz. “Google Play Store Requires Government Licenses for Crypto Wallet Apps.” Forbes, 13 August 2025, https://www.forbes.com/sites/boazsobrado/2025/08/13/google-play-store-requires-government-licenses-for-crypto-wallet-apps/.
Wignall, David. “Scams Against Elderly Americans Are Getting Worse, and Crypto Is Often Involved.” Barron’s, 13 August 2025, https://www.barrons.com/advisor/articles/fraud-ftc-elderly-americans-crypto-7c89cd7c.
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.
United States
