Gemini takes its first official step toward an IPO (0:50), while the Trump family reunites its crypto ventures under one meme coin banner (1:53). In the UK, the financial watchdog is rethinking its ban on retail crypto ETNs (3:39), and Argentina clears President Milei in the controversial $LIBRA case (4:49).

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:

Crypto Exchange Gemini Files for IPO. Vicky Ge Huang. Wall Street Journal.

https://www.wsj.com/finance/currencies/crypto-exchange-gemini-files-for-ipo-096f41d7

World Liberty Financial to Invest in Trump Meme Coin Following Crypto Wallet Dispute. Julia Shapero. The Hill.

https://thehill.com/business/5337629-trump-meme-coin-investment-world-liberty/amp/

UK to End Ban on Retail Investors Buying Crypto Exchange-Traded Notes. Reporting by Tommy Reggiori Wilkes. Editing by Jane Merriman. Reuters.

https://www.reuters.com/sustainability/boards-policy-regulation/embargoed-uk-end-ban-retail-investors-buying-crypto-exchange-traded-notes-2025-06-06/

Anti-Corruption Office Clears Milei of Ethical Misconduct in $LIBRA Cryptoscandal. Buenos Aires Herald.

https://buenosairesherald.com/politics/anti-corruption-office-clears-milei-of-ethical-misconduct-in-libra-cryptoscandal

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 pushes deeper into crypto with a new Bitcoin ETF filing and plans for a $2.3 billion treasury (0:56). Ukrainian cyber police arrest a hacker behind a $4.5 million cryptojacking scheme (2:37). FBI warns of phishing scams hitting Hedera users through fake NFT drops (4:18). And Pakistan outlines an aggressive national strategy to monetize surplus electricity with a state-backed bitcoin reserve (5:38).

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:

Donald Trump's Truth Social Officially Files for Bitcoin ETF as Company Deepens Crypto Push. Laura Bratton. Yahoo! Finance.

https://finance.yahoo.com/news/donald-trumps-truth-social-officially-files-for-bitcoin-etf-as-company-deepens-crypto-push-150426350.html

Hacker Who Breached 5,000 Accounts to Mine Crypto Arrested — 7-Year Cryptojacking Scheme Incurs $4.5 Million in Damages. Jowi Morales. Tom’s Hardware.

https://www.tomshardware.com/tech-industry/cryptomining/hacker-who-breached-5-000-accounts-to-mine-crypto-arrested-7-year-cryptojacking-scheme-incurs-usd4-5-million-in-damages

FBI Alert: New Crypto Trap Drains Wallets in Seconds. Kaylee Remington. Cleveland.com

https://www.cleveland.com/news/2025/06/fbi-alert-new-crypto-trap-drains-wallets-in-seconds.html

Cyber Criminals Defraud Hedera Hashgraph Network Non-Custodial Wallet Users through Nonfungible Token Airdrops Disguised as Free Rewards. Public Service Announcement. Federal Bureau of Investigation.

https://www.ic3.gov/PSA/2025/PSA250603

Pakistan’s Bold Bitcoin Reserve Plan Aims to Transform Energy Surplus into Tech Investment. Tom Hussain. South China Morning News.

https://www.scmp.com/week-asia/economics/article/3313159/pakistans-bold-bitcoin-reserve-plan-aims-transform-energy-surplus-tech-investment

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

A crypto kidnapping suspect is captured in Morocco in connection with a string of brutal abductions, including a €10 million ransom case (0:45). Meanwhile, Circle, the company behind USDC, officially begins trading on the NYSE under the ticker CRCL (2:22). JPMorgan prepares to offer financing backed by Bitcoin ETFs (3:58), and Hong Kong takes a major step toward institutional crypto derivatives (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:

Suspected Crypto Kidnapping Mastermind Detained in Morocco. Joseph Ataman and Saskya Vandoorne. CNN.

https://amp.cnn.com/cnn/2025/06/04/europe/france-crypto-kidnappings-detained-intl

Circle Prices IPO Above Range, Valuing It at $6.8 Billion. The Stock Starts Trading Thursday. Paul R. La Monica. Barron’s (paid subscription required).

https://www.barrons.com/articles/circle-crcl-ipo-stock-ticker-price-usdc-81a10761

JPMorgan to Accept Crypto-Linked ETFs as Loan Collateral. Murtuza J. Merchant. Benzinga.

https://www.benzinga.com/crypto/cryptocurrency/25/06/45777944/jpmorgan-to-accept-crypto-linked-etfs-as-loan-collateral

HK to Expand Crypto Offerings with Derivatives Trading for Investors. Li Xiaoyun. China Daily.

https://www.chinadailyasia.com/hk/article/613250

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