US

Federal Reserve relaxes crypto partnership rules for banks

Federal Reserve relaxes crypto partnership rules for banks

The US Federal Reserve confirmed that it rescinded earlier directives concerning banks’ involvement with crypto and dollar tokens, according to an April 24 statement. One significant change involves the 2022 supervisory letter, which required banks to notify regulators before engaging in any crypto activities. Going forward, banks will no longer need to provide advance notification. […]

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European Central Bank wary of US stablecoin influence despite EU’s MiCA safeguards

European Central Bank wary of US stablecoin influence despite EU’s MiCA safeguards

The European Central Bank (ECB) has reportedly raised alarms over the possible consequences of US President Donald Trump’s crypto-friendly stance, Politico reported on April 22, citing a policy paper. According to the report, the ECB highlighted the potential ripple effects of US stablecoin legislation as a key risk factor that could expose the bloc to market

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Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows

Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este

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US DOJ reviews crypto compensation rules amid valuation concerns

US DOJ reviews crypto compensation rules amid valuation concerns

The US Department of Justice (DOJ) has initiated a review of how victims of digital asset fraud are compensated, following concerns over outdated valuation methods. According to a recent internal DOJ memo, many investors affected by crypto platform collapses, such as FTX, Celsius, Voyager, Genesis, BlockFi, and Gemini Trust, have only received reimbursement based on

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OKX relaunches in US with new trading platform and Web3 wallet after major legal settlement

OKX relaunches in US with new trading platform and Web3 wallet after major legal settlement

Crypto exchange OKX has officially relaunched its operations in the United States, introducing a centralized trading platform, a new Web3 wallet, and a fresh leadership team, according to an April 16 statement shared with CryptoSlate. The exchange stated: “American customers can buy, sell, and convert top cryptocurrencies like Bitcoin, Ethereum, USDT, and USDC, while also

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Here’s how the US plans to grow its Bitcoin reserve in budget-neutral manner

Here’s how the US plans to grow its Bitcoin reserve in budget-neutral manner

Bo Hines, Executive Director of the Presidential Council of Advisers on Digital Assets, has outlined how he claims the US plans to grow its newly established Strategic Bitcoin Reserve (SBR) budget-neutrally. On Anthony Pompliano’s podcast, Hines explained that the administration is exploring several budget-neutral strategies, including leveraging tariff revenue and revaluing Treasury gold certificates. Buying Bitcoin

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Investors pull 5 million from crypto ETPs, XRP continues to buck trend with inflows

Investors pull $795 million from crypto ETPs, XRP continues to buck trend with inflows

The digital asset market faced another challenging week, with $795 million in outflows recorded across crypto investment products, according to CoinShares‘ latest weekly report. This marks the third consecutive week of declines, underlining growing caution among investors navigating global economic headwinds. The ongoing streak of negative sentiment has pushed total outflows since early February to $7.2 billion.

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Tether sees 13% user growth amid global volatility, plans US expansion

Tether sees 13% user growth amid global volatility, plans US expansion

Tether CEO Paolo Ardoino has revealed that the company saw a significant uptick in users during the first quarter of 2025 amid the broader crypto market volatility. In an April 14 post on X, Ardoino announced that the number of USDT users rose by 13% during the period. Although he didn’t provide an exact figure

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US Stablecoin regulatory framework moves forward despite backlash over Trump conflicts of interest concerns

US Stablecoin regulatory framework moves forward despite backlash over Trump conflicts of interest concerns

US lawmakers are moving closer to defining a national regulatory framework for stablecoins, with a major stablecoin bill advancing in Congress. On April 2, the House Financial Services Committee approved the STABLE Act of 2025 (H.R. 2392), a key piece of legislation that outlines regulatory standards for dollar-pegged stablecoins. The bill passed with 32 members

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China calls for digital yuan expansion amid US stablecoin dominance concerns

China calls for digital yuan expansion amid US stablecoin dominance concerns

China has raised concerns about the growing dominance of US dollar-backed stablecoins in global finance. A senior economist from one of the country’s research bodies has warned that their unchecked rise could further solidify the United States control over the international monetary system. Dollar-backed stablecoins raise concerns According to Zhang Ming, deputy director at the

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