The Digital Euro Advances, Fallout from Trump's Gamble, Bybit Pauses New Accounts in Japan, and the FINTOCH Arrest | October 31, 2025
Description
Europe's digital cash experiment is shifting from research to real-world architecture, with the ECB prioritizing privacy, accessibility, and even offline payments as it targets readiness later this decade (1:06 ). In the U.S., Truth Social's tie-up with Crypto.com to enable prediction markets is colliding with state gambling laws and raising questions about federal oversight and ethics (3:02 ). Japan is tightening its crypto framework, prompting Bybit to pause its opening of new accounts in the country (5:01 ). Finally, Thai authorities arrest a Chinese national accused of running FINTOCH, a high-yield scam that used a fictional executive and false bank affiliations to lure investors (6:50 ).
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:
Clarke, Anthony, "Thai Police Bust $14M Crypto Ponzi Mastermind in Bangkok." 99 Bitcoins, 30 October 2025, https://99bitcoins.com/news/bitcoin-btc/thai-police-bust-14m-crypto-ponzi-mastermind-in-bangkok/.
Gentry, Dana. "Trump Partners with Crypto Betting Platform Suing Nevada, Other States." The Nevada Current, 30 October 2025, https://nevadacurrent.com/2025/10/30/trump-partners-with-crypto-betting-platform-suing-nevada-other-states/.
Luiv, Sven. "Bybit Stops Taking New Japanese Users as Crypto Rules Tighten." Brave New Coin, 30 October 2025, https://bravenewcoin.com/insights/bybit-stops-taking-new-japanese-users-as-crypto-rules-tighten.
Peyton, Antony. "ECB Aims for 2029 Digital Euro Launch." TechRepublic, 30 October 2025, https://www.techrepublic.com/article/news-digital-euro-launch/.
"Progress on the Preparation Phase of a Digital Euro." European Central Bank, 30 October 2025, https://www.ecb.europa.eu/euro/digital_euro/progress/html/ecb.deprp202510.en.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.
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