Crypto Weekly Roundup: Major Legal and Market Developments
Crypto Weekly Roundup: Major Legal and Market Developments
馃く Do Kwon Finally Caves
Several significant developments have shaped the crypto landscape this week:
- Terra founder Do Kwon has pleaded guilty in connection with the $40B collapse
- MicroStrategy ($MSTR) has achieved a milestone by accumulating 3% of total Bitcoin supply
- Ethereum (#ETH) is approaching its previous all-time high price level
- Ripple (#XRP) has reached a settlement agreement with the Securities and Exchange Commission
These events mark crucial shifts in both regulatory compliance and institutional adoption of digital assets.
Do Kwon pleads guilty. $MSTR now holds 3% of all Bitcoin. #ETH nears its all-time high. #XRP settles with the SEC. Get caught up on this week鈥檚 crypto news with @OllieLeeech 馃憞
MOCA Token Now Trading on Kraken Exchange
Kraken exchange has listed $MOCA, a decentralized and verifiable identity token powered by MOCA Network. Trading is now live on the platform. Recent Kraken listings in August 2025: - XYO (data verification DePIN) - CARV (gaming/social) - XTER (gaming) - LOBO (community token) Trading details and more information available on [Kraken's blog](https://blog.kraken.com/product/asset-listings/moca-is-available-for-trading). Start trading $MOCA now on Kraken's platform.
Kraken Lists $AKE Token from AI Gaming Platform AKEDO
Kraken announces listing of $AKE, the token from AKEDO's AI-powered game and content creation platform. AKEDO aims to enable 1 billion players to become game creators using AI technology. The project is backed by notable investors including Karatage, Collab+Currency, The Open Platform, and TON Ventures. AKEDO's platform integrates with social platforms and leverages @kaiachain and @ton_ecosystem infrastructure. - Platform focuses on democratizing game creation through AI - Follows recent $ALKIMI token listing on Kraken - Trading details to be announced [Learn more about AKEDO](https://k.k.xyz/JDNW/sngkpn20)
Regulatory Framework Debate at SALT Conference
At the SALT Conference, @JonathanJachym engaged in a critical discussion with Representatives Angie Craig and Bryan Steil about balancing innovation and investor protection in crypto markets. Key points: - Consistent legislative framework identified as crucial for investor protection - Regulatory clarity remains the primary challenge in the region - Focus on long-term market stability over rapid growth The dialogue highlighted the ongoing tension between fostering innovation and ensuring adequate safeguards for investors. Industry leaders emphasized the need for clear, standardized regulations to promote sustainable market development.
Kraken CEO Discusses Global Crypto Regulation at SALT Conference
Speaking at the Wyoming Blockchain Symposium during SALT Conference, Kraken Co-CEO David Ripley addressed the varying pace of global crypto regulation. He noted that self-initiated industry practices may eventually be incorporated into formal regulatory frameworks. In a separate CNBC appearance at SALT, Ripley expressed optimism about crypto's expanding use cases and infrastructure development across different sectors. - Highlighted uneven global regulatory evolution - Emphasized importance of industry-led practices - Noted positive trends in crypto adoption - Discussed infrastructure growth [Watch the full SALT Conference discussion](https://saltconference.com)
Sapien Token Now Trading on Kraken Exchange
Kraken has listed $SAPIEN for trading on its cryptocurrency exchange platform. The token aims to power AI development through human-generated data. - Trading is now live on Kraken's spot markets - Project focuses on human data for AI training - Follows recent listing of similar AI-data token $RAIIN [Learn more about the listing](https://blog.kraken.com/product/asset-listings/sapien-is-available-for-trading) *Start trading $SAPIEN on Kraken's platform to participate in the human-powered AI data ecosystem.*