# August 19: Ripple Raises $275 Million as the SEC Finally Moves on Reg Crypto

Page: https://stenobird.com/podcast/daily-crypto-news-6024634/august-19-ripple-raises-275-million-as-the-sec-finally-moves-on-reg-crypto
Text version: https://stenobird.com/podcast/daily-crypto-news-6024634/august-19-ripple-raises-275-million-as-the-sec-finally-moves-on-reg-crypto.md
Podcast: [Daily Crypto News](https://stenobird.com/podcast/daily-crypto-news-6024634)
Published: 2026-08-19T13:02:53+00:00
Episode link: https://www.dailycryptonews.net
Audio file: https://sphinx.acast.com/p/open/s/63e26a946b77a10011ea5094/e/6a85a97eb9d83ea9cc4250af/media.mp3
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JSON: https://stenobird.com/v1/public/podcasts/daily-crypto-news-6024634/episodes/august-19-ripple-raises-275-million-as-the-sec-finally-moves-on-reg-crypto
Duration seconds: 401

## Resource

Ripple raised  $275 million  to expand its U.S. clearing, prime brokerage, and financial-services business, while Metaplanet is bringing its Bitcoin treasury strategy to the U.S. through a deal involving  2,100 BTC  and Nasdaq-listed Super League Enterprise. Matt also covers China rapidly expanding its digital yuan banking network and the SEC finally proposing its long-awaited Reg Crypto framework, creating new pathways for crypto companies to legally raise capital.  The episode also looks at South Korea blocking Polymarket as illegal gambling, a Maya Protocol exploit that caused nearly  $11 million in broader liquidity-pool losses , Bybit saying AI helped save roughly  $700 million  following its massive hack, and proposed accounting rules that could require stronger reserves and redemption rights for stablecoins to receive cash-equivalent treatment. Meanwhile, Bitcoin remains trapped in its six-week range near $65,000, with Matt still skeptical that the bottom is already in.  Happy HODLing. Hosted on Acast. See acast.com/privacy for more information.

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## Transcript

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