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July 23, 2025 8 mins

New Gallup data shows 14% of U.S. adults now own digital assets. But risk perception and limited understanding still weigh heavily on broader adoption. We break down those numbers (1:01), track the DOJ’s decision to drop its case against Kraken founder Jesse Powell (2:33), and look at how Telegram’s new wallet is pushing crypto deeper into the mainstream (4:15). Plus, PNC Bank joins forces with Coinbase, signaling just how far traditional finance is leaning into crypto (5:45).

This is your essential update on the forces shaping what’s next in money.

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

Hollerith, David. “Coinbase and PNC to Work Together as Crypto Reaches for Main Street.” Yahoo! Finance, 22 July 2025, https://finance.yahoo.com/news/coinbase-and-pnc-to-work-together-as-crypto-reaches-for-main-street-140003222.html.

Jones, Jeffrey M. and Lydia Saad. “Cryptocurrency Still Has Limited Main Street Appeal.” Gallup, 22 July 2025, https://news.gallup.com/poll/692777/cryptocurrency-limited-main-street-appeal.aspx.

Roberts, Jeff John. “FBI Drops Probe of Kraken Founder, Returns Dozens of Seized Devices.” Fortune, 22 July 2025, https://finance.yahoo.com/news/fbi-drops-probe-kraken-founder-142956563.html.

Sigalos, MacKenzie. “Telegram’s Crypto Wallet Goes Live to Its 87 million U.S. Users.” CNBC, 22 July 2025, https://www.cnbc.com/2025/07/22/telegram-crypto-wallet-us.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

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