Cryptocurrency news april 28 2025
Additionally, the Fed is rescinding its 2023 supervisory letter regarding the supervisory nonobjection process for state member banks to engage in dollar token activities https://how2cryptos.com/category/sports/. The Fed’s announcement follows similar recent moves by the other two key federal banking regulators, the Federal Deposit Insurance Corporation (FDIC) and the OCC, which similarly clarified that banks are permitted to engage in crypto-related activities under the normal supervisory process applicable to other permissible bank activities and are no longer required to receive explicit permission from regulators to do so.
Stablecoins continue to power crypto markets — providing liquidity across CEXs, DEXs, and DeFi. As of April 19, 2025, total stablecoin supply reached $226B, with USDT leading at ~$145B and USDC at ~$61B. Notably, USDC has grown ~39% YTD (vs. USDT’s 7.8%), largely due to institutional demand and regulatory trust.
In Washington, lawmakers will revisit digital asset regulation as the House Financial Services Committee holds a hearing on May 6. This is followed by the SEC’s Virtual Asset Task Force roundtable on May 12, which could signal future enforcement directions. Investors are also watching the U.S. Senate’s possible vote on the GENIUS Act near the end of May, a bill that could reshape blockchain startup funding.
Cryptocurrency news etrscrypto
“There is no cap on whether you want to move $1 to hundreds of millions or billions of dollars. You can just seamlessly move that from a wallet controlled in the United States to a wallet controlled overseas, in, you know, a matter of seconds,” SA Paniwozik warned.
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, fintech, and iGaming industries. To support the free use of our website and sustain our editorial operations, some of the links published on our site may be affiliate links. This means we may receive a commission if you click through and take action—such as signing up for a service or making a purchase. These commissions come at no additional cost to you. Our affiliate relationships help us maintain an open-access platform, but they do not influence our editorial decisions. All news, reviews, and analysis are produced with journalistic independence and integrity. Thank you for supporting responsible and accessible reporting.
From Bitcoin and Ethereum to an ever-growing list of altcoins, cryptocurrencies have taken a new generation of investors around the world by storm. Fast-moving and volatile, this industry keeps participants, observers, and regulators on their toes. As mainstream companies explore cryptocurrencies and blockchain technologies for new markets — or even to build them within virtual worlds — the crypto space is in a rapid state of evolution.
«I was contacted by this gentleman who said he was an engineer out of Europe and he was working on an oil project,» a victim said. «Within about three weeks, he sent me this lovely floral bouquet and a basket.»
BALTIMORE — Bad actors are seeking cryptocurrency in almost every scheme tracked by the FBI. From fraudulent investments to tech support and romance scams, and most recently, a surge in employment scams. And as Bitcoin reaches record highs, Special Agent David Paniwozik with FBI Baltimore sees more people wanting to capitalize on cryptocurrency.
Sec cryptocurrency news
Meanwhile, legislation winding through Congress would give the Commodity Futures Trading Commission jurisdiction to police crypto alongside the SEC, complicating an already fraught duality of enforcement approaches from the agencies.
Hougan said that tokenization had been held back by two key obstacles: One was that blockchain technology wasn’t fast or efficient enough, and the other was a harsh, unfriendly stance from regulators.
“There’s an interesting joint regime proposal between the SEC and CFTC where the SEC is involved when raising money for a crypto project clearly triggers securities laws, but then when it’s about the things that have been deemed digital commodities or coins tied to projects that are sufficiently decentralized, then it becomes CFTC jurisdiction,” Malekan said.
The SEC’s crypto task force this week hosted its fourth and final roundtable convening industry participants and academics to discuss the agency’s approach to potential rulemaking and digital asset regulation writ large. The four panels, framed as a “spring sprint toward crypto clarity,” have offered more questions than simple answers for how the SEC should police crypto exchanges and issuers.
