Cryptocurrency News

August, 2025

• 19 August

  Pritzker Approves New Crypto Laws in Illinois, Hits Out at Trump’s Policy

  

  Illinois Governor J.B. Pritzker signed two landmark cryptocurrency bills—the Digital Assets and Consumer Protection Act (SB 1797) and Digital Asset Kiosk Act (SB 2319)—to bolster consumer protections amid rising crypto scams. Pritzker criticized President Donald Trump’s deregulatory stance, accusing him of letting “crypto bros” shape federal policy, per CoinTelegraph and Chicago Sun-Times. New Crypto Regulations SB 1797 mandates crypto exchanges …
• 19 August

  U.S. Treasury Opens Public Comment on Crypto Risks, Tied to GENIUS Act

  

  U.S. Treasury Department launched a public comment period to address cryptocurrency risks, fulfilling mandates of the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), signed into law by President Trump on July 18. This SEO-optimized, fact-checked article explores the initiative shaping U.S. digital asset regulation. GENIUS Act Overview The GENIUS Act establishes the first federal framework for stablecoins, …
• 19 August

  Logan Paul Wins Court Boost as Judge Supports Dismissing CryptoZoo Case

  

  Texas magistrate judge recommended dismissing most claims in a class-action lawsuit against Logan Paul over his failed CryptoZoo NFT project, marking a significant legal win for the YouTuber. The U.S. District Court for the Western District of Texas found insufficient evidence linking Paul directly to investor losses, though plaintiffs can amend 26 of 27 claims. This SEO-optimized, fact-checked article unpacks …
• 19 August

  Figure Technologies Files for US IPO After 22% Revenue Surge

  

  Figure Technology Solutions, a New York-based fintech, filed for a U.S. IPO on August 18, 2025, after a 22.4% revenue surge to $191 million in H1 2025, per its SEC Form S-1. Co-founded by Mike Cagney (ex-SoFi), the blockchain-driven lender reported a $29.1 million profit, reversing a $15.6 million loss from H1 2024, signaling robust growth in digital lending. Blockchain-Powered …
• 19 August

  South Korea Bolsters AML Rules for Stablecoin Regulation in 2025

  

  South Korea is intensifying its anti-money laundering (AML) measures as it gears up for landmark stablecoin legislation in October 2025, aiming to secure its digital asset market. The Financial Services Commission (FSC) and Financial Intelligence Unit (FIU) are overhauling AML protocols to ensure compliance and curb illicit activities, aligning with global standards set by the Financial Action Task Force (FATF). …
• 19 August

  Bitcoin Price Outlook – Bull Run to $123K or Correction to $112K?

  

  As of August 19, 2025, Bitcoin (BTC), the leading cryptocurrency, hovers at a pivotal moment after recent market swings. With a $1.2 trillion market cap, traders are debating whether BTC will soar to $123,000 or correct to $112,000. This SEO-optimized, fact-checked analysis explores Bitcoin’s 2025 outlook. Market Dynamics Bitcoin’s price, around $59,000 per recent X posts and web data, reflects …
• 19 August

  ChatGPT Forecasts XRP, XMR & ADA Prices After Market Crash

  

  The crypto market’s recent crash has left investors seeking clarity on XRP, Monero (XMR), and Cardano (ADA). ChatGPT, leveraging market trends, offers a fact-checked, SEO-optimized forecast for these altcoins in 2025. XRP: Payments Powerhouse XRP, tied to the XRP Ledger, excels in cross-border payments. Despite a market dip, its 2023 SEC resolution and institutional adoption (e.g., Wellgistics Health) signal resilience. …
• 19 August

  XRP Compared to Altcoin Giants: Perplexity AI’s Surprising Verdict

  

  In the dynamic cryptocurrency market, Perplexity AI’s 2025 analysis compares XRP with leading altcoins Ethereum (ETH), Solana (SOL), and Cardano (ADA), revealing which token may lead in growth and adoption. This fact-checked, SEO-optimized breakdown offers investors key insights. XRP’s Unique Position XRP, powering the XRP Ledger, excels in fast, cost-effective cross-border payments. Despite past SEC legal challenges, resolved in 2023, …
• 18 August

  Faraday Future Unveils $10B Crypto Strategy to Power EV Ambitions

  

  Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) unveiled its transformative “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy on August 17, 2025, at Monterey Car Week, aiming to integrate AI-driven electric vehicles (EVs) with a $10 billion cryptocurrency investment plan. The California-based EV startup seeks to redefine mobility by blending Web3 technologies with its luxury FF 91 and mass-market FX …
• 18 August

  Crypto Market Hit: Bitcoin Slides to $115.5K Amid Gloomy Macro Signals

  

  Bitcoin (BTC) slumped to $115,500 on August 17, 2025, a 1.35% drop, as gloomy macroeconomic signals triggered a risk-off mood across global markets, dragging major altcoins like Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) lower. U.S. manufacturing PMI fell to 46.8, signaling contraction, while July unemployment rose to 4.3%, per Bloomberg, fueling investor caution. The crypto market shed $100 billion …