Coinbase Unveils Game-Changing Base App: Crypto Meets Social Media & Instant Payments!
In today’s episode: Europe launches AMLA and tightens crypto checks, Bitget Wallet reveals who pays with crypto and where, Tether earns billions on Treasuries, Coinbase rolls out its Base super app, and Italian authorities shut down an illegal exchange with over $10 million turnover.
🇪🇺 Europe tightens crypto market control
Starting July 2025, the EU enforces strict new anti-money laundering rules — anonymous wallets and Monero are banned, and AMLA now has direct access to user accounts.
🌍 Who pays with crypto and where?
A Bitget Wallet study shows Gen Z spends crypto on gaming and social media, millennials use it for shopping and travel, while Gen X buys real estate and digital goods. Southeast and East Asia lead in daily crypto spending.
💸 How Tether makes billions
Tether’s main income comes from investing in U.S. government Treasuries. In 2024, the company made $13 billion in revenue and over $1 billion in operating profit in early 2025. Risks include falling interest rates and stricter regulations.
📱 Coinbase launches Base super app
The new Base App combines a social network, chats, mini-apps, and convenient USDC payments. Users can tokenize posts, exchange tokens, and pay with one tap.
🇮🇹 Italian authorities shut down crypto exchange
A special cyber fraud unit closed a major illegal exchange with over $10 million in turnover. Organisers were arrested, and BTC, ETH, USDT, and MATIC were seized using Chainalysis and Wallet Scan tools.
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#aml #amla #bitget #tether #coinbase #baseapp #cryptonews #italy #cryptomarket #CryptoPayments
⏱ Timestamps:
00:00 — Intro
00:17 — Episode overview
00:51 — Europe launches AMLA
02:29 — Bitget Wallet study
03:54 — Tether’s revenue
05:30 — CashBanx ad
06:01 — Coinbase launches Base App
07:30 — Italian authorities shut down exchange
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