Daily Market Wrap | Aug. 18

Aug 18,2025,16:16

Hot Topics

FED terminated its 2023 crypto and fintech bank oversight program, shifting supervision to standard regulatory frameworks.
Grayscale filed to convert its Dogecoin Trust into an ETF, ticker GDOG, on NYSE Arca, pending SEC approval.
UAE airlines like Emirates and Air Arabia now accept cryptocurrency for flight bookings
Zelenskiy and European allies meet Trump on August 18, 2025, to discuss Russia peace deal and security guarantees.
Japan’s FSA is set to approve JPYC’s yen-pegged stablecoin this fall, targeting $6.78B issuance over three years.

Market Updates

Wellgistics Health Inc. launched an XRP Ledger-based payment system for 6,500 pharmacies for instant, low-cost drug payments.
Gemini filed for an IPO on August 15, 2025, to list Class A shares on Nasdaq under GEMI, with the Winklevoss twins retaining control.

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