A British gang launches a meme coin to clean drug money (0:55). Trump Media partners with Crypto.com to jumpstart a fintech empire (2:36). And in the Caribbean, St. Kitts and Nevis is now accepting crypto as a path to second citizenship (3:50). We also break down a key regulatory push in Illinois that could reshape how the state handles digital assets (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:
UK drug dealers create their own cryptocurrency to launder dirty money: How street-level crime gang developed new coin in first case of its kind in Britain, by Rory Tingle, Daily Mail.
Trump Media Enters Deal with Crypto Trading Platform, by Matthew Goldstein, New York Times (soft paywall).
https://www.nytimes.com/2025/04/22/business/trump-media-crypto.html
St. Kitts and Nevis Embraces Cryptocurrency in CBI Program, The Street.
https://www.thestreet.com/crypto/newsroom/st-kitts-and-nevis-crypto-in-cbi-program
State senator: IL bill regulating cryptocurrency will put 'brick on growth', by Jim Talamonti, The Center Square.
https://www.thecentersquare.com/illinois/article_b74375dd-0e41-4208-8200-4fe2a6cda798.html
Bill Status of Senate Bill 1797, Illinois General Assembly:
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