cryptocurrency news ftasiamanagement

Cryptocurrency news ftasiamanagement

Senators urge reversal of DOJ shift in digital asset enforcement priorities. On April 10, US Senators Elizabeth Warren (D-MA), Mazie K. Hirono (D-HI), and Dick Durbin (D-IL) – Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, a senior member of the Senate Judiciary Committee, and Ranking Member of the Senate Judiciary Committee, respectively – announced they led six Senators in writing to urge Deputy Attorney General Todd Blanche to reverse the DOJ’s recent decisions to effectively terminate its cryptocurrency investigations and prosecutions and disband its National Cryptocurrency Enforcement Team https://rich-palms-no-deposit-bonus.com/. In their letter, the Senators asserted the decisions are “grave mistakes that will support sanctions evasion, drug trafficking, scams, and child sexual exploitation” and demanded a staff-level briefing “on the rationale behind these decisions and their anticipated impacts on the Department’s ability to enforce the law and protect Americans from cryptocurrency-based crimes.”

On April 10, 2025, the staff of the Division of Corporation Finance of the SEC issued a statement (Staff Statement) expressing its observations regarding certain disclosure requirements under the federal securities laws regarding the offering and registration of securities in the crypto asset markets.

CFTC withdraws staff advisory related to clearing of digital asset derivatives. On March 28, the CFTC announced that it was withdrawing Staff Advisory No. 23-07, which warned Derivatives Clearing Organizations (DCOs) that the CFTC’s Division of Clearing and Risk (DCR) would treat digital asset services as involving “heightened cyber and other operational risks,” exposing DCOs to greater scrutiny from the DCR. In withdrawing the advisory, the CFTC emphasized that “its regulatory treatment of digital asset derivatives” will not “vary from its treatment of other products.”

cryptocurrency+news

Cryptocurrency+news

Warren has opposed to earlier versions of the GENIUS Act, warning that the bill’s attempts to regulate stablecoin are toothless and could harm consumers, spur corruption and even lead to a potential financial crisis.

US-China Tariff War Pulls Bitcoin Down, Gold Hits ATHA 245% tariff on Chinese imports triggered a 2% Bitcoin price dip and a 3.75% drop in the broader crypto market. Gold, meanwhile, surged to an all-time high of $3,300 as investors sought safe-haven assets.

Stablecoins are a fast-growing corner of the cryptocurrency industry that have produced enormous profits for some of the major players involved. They offer a buffer from cryptocurrency’s notorious volatility because they are pegged to real-world assets, like U.S. dollars or gold. Typically, that means a single stablecoin is worth $1, making them a much more reliable digital asset to make commercial transactions than other forms of crypto.

cryptocurrency news april 2025

Warren has opposed to earlier versions of the GENIUS Act, warning that the bill’s attempts to regulate stablecoin are toothless and could harm consumers, spur corruption and even lead to a potential financial crisis.

US-China Tariff War Pulls Bitcoin Down, Gold Hits ATHA 245% tariff on Chinese imports triggered a 2% Bitcoin price dip and a 3.75% drop in the broader crypto market. Gold, meanwhile, surged to an all-time high of $3,300 as investors sought safe-haven assets.

Cryptocurrency news april 2025

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