This is the final episode of The World Crypto Report. Thank you for listening!

The People's Bank of China reiterates that crypto is not legal money, dashing hopes for a policy reversal while launching a new crackdown on speculative trading (1:34). South Korean firm AhnLab attributes the Upbit hack to North Korean operatives, highlighting a sophisticated campaign targeting exchange infrastructure (4:09).

Facing a saturated market, CoinShares withdraws its U.S. applications for XRP, Litecoin, and Solana ETFs ahead of its Nasdaq listing (6:29). And we look at Brazil's central bank new strict anti-money laundering compliance measures for stablecoins, set to take effect in February (8:26).

More on stories and articles discussed or referenced in this episode:

Abrams, Zack. "China's Central Bank Reaffirms Crypto Ban, Flags Stablecoin Risks Following Multi-Agency Meeting." The Block, 29 November 2025, https://www.theblock.co/post/380811/chinas-central-bank-reaffirms-crypto-ban-flags-stablecoin-risks-following-multi-agency-meeting.

Alper, Tim. "Chinese Central Bank Doubles Down on Crypto Crackdown as Speculation Resurfaces." DL News, 30 November 2025, https://www.dlnews.com/articles/regulation/chinese-central-bank-to-continue-crypto-crackdown/.

Ka-Young, Lee. "Lazarus, Kimsuky Behind 58 Attacks Targeting South Korea." The Chosun Daily, 30 November 2025, https://www.chosun.com/english/north-korea-en/2025/11/30/FZDOLNX2BNHWZIPTMWPQNEBKAA/.

Ruvic, Dado. "CoinShares Pulls Plug on Select Crypto ETFs Ahead of US Listing." Reuters, 30 November 2025, https://www.reuters.com/business/coinshares-pulls-plug-select-crypto-etfs-ahead-us-listing-2025-11-28/.

Thomas, Nick. "Brazil Just Closed a Major Crypto Loophole—and Stablecoin Users Should Pay Attention." Benzinga, 29 November 2025, https://finance.yahoo.com/news/brazil-just-closed-major-crypto-020104598.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.

A security incident at South Korea's biggest crypto exchange triggers emergency safeguards and ripples across Solana-linked assets (1:15). Alt5 Sigma faces a flurry of executive turnover as it deepens ties to a headline-grabbing token project (3:56).

Plus: signs that Venezuela's oil trade is leaning more heavily on dollar-pegged stablecoins, pushing sanctions policy into a new era (5:56). And new data points to a stealth revival of Bitcoin mining inside China, even as miner revenues remain under pressure and companies shift compute toward AI and high-performance workloads (8:42).

More on stories and articles discussed or referenced in this episode:

Abdullahi, Aminu. "Crypto Exchange Upbit Suffers Security Breach After $10B Deal." Tech Republic, 27 November 2025, https://www.techrepublic.com/article/news-upbit-security-breach/.

Cuthbertson, Anthony. "China's Bitcoin Mining Industry Sees Massive Growth Despite Crypto Ban." Datacenter Dynamics, 27 November 2025, https://www.datacenterdynamics.com/en/news/chinas-bitcoin-mining-industry-sees-massive-growth-despite-crypto-ban/.

Mutuma, Maxwell. "Alt5 Sigma Fires CEO, COO Amid Legal Woes Tied to Trump Crypto Deal." CoinCentral, 27 November 2025, https://coincentral.com/alt5-sigma-fires-ceo-coo-amid-legal-woes-tied-to-trump-crypto-deal/.

Nikoladze, Maia. "How Venezuela Uses Crypto to Cell Oil—and What the US Should Do About It." The New Atlanticist, 25 November 2025, https://www.atlanticcouncil.org/blogs/new-atlanticist/how-venezuela-uses-crypto-to-sell-oil-and-what-the-us-should-do-about-it/.

Rodrigues, Francisco. "Trump Family-Linked Alt5 Sigma Ousts Top Execs After CEO Suspension Shakes Up Leadership." CoinDesk, 27 November 2025, https://www.coindesk.com/business/2025/11/27/trump-family-linked-alt5-sigma-ousts-top-execs-after-ceo-suspension-shakes-up-leadership.

Sinha, Anand. "Popular Crypto Company Hit by Another Major Hack Exactly Six Years Later." The Street, 27 November 2025, https://www.thestreet.com/crypto/markets/popular-crypto-company-loses-millions-in-hack-after-10b-deal.

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.

Crypto donations and grassroots fundraising for Gaza surge as traditional channels tighten, while scams and false promises thrive in the same chaos (1:23). ALT5 Sigma's token-treasury strategy triggers a steep stock drop and raises fresh questions about governance, disclosure, and risk controls (3:29).

South Korea's Naver Financial agrees to acquire Upbit operator Dunamu in a multibillion-dollar all-stock deal, signaling deeper convergence between payments and exchanges (5:38). And the UAE updates its central bank law to cover stablecoins, DeFi, wallets, tokenized assets, and more (7:45).

More on stories and articles discussed or referenced in this episode:

Acuna, Olivier. "New UAE Sweeping Banking Decree Looks to Cement Country's Global Crypto Position." CoinDesk, 26 November 2025, https://www.coindesk.com/policy/2025/11/26/new-uae-sweeping-banking-decree-looks-to-cement-country-s-global-crypto-position.

Grigera Naón, Camila. "Crypto Becomes Gaza's Lifeline — and a Target for Fake Aid Schemes." Be in Crypto, 26 November 2025, https://beincrypto.com/gaza-palestine-cryoto-donation-lifeline-and-scam/.

Lutz, Sander. "South Korea's Top Crypto Exchange to Be Absorbed by Tech Giant in $10.3 Billion Deal." Decrypt, 26 November 2025, https://decrypt.co/350147/south-koreas-top-crypto-exchange-absorbed-tech-giant-10-3-billion-deal.

Roddan, Michael. "Trump Family Crypto Deal Runs Aground." The Information, 26 November 2025, https://www.theinformation.com/articles/trump-family-crypto-deal-runs-aground.

Watson, R.T. "Turmoil Inside World Liberty-Based Crypto Treasury Includes Investigations, Firings and Rwandan Money Laundering Conviction." The Block, 26 November 2025, https://www.theblock.co/post/380564/turmoil-inside-world-liberty-crypto-treasury-investigations-firings-rwandan-money-laundering-conviction.

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.