Fed

The Federal Reserve has announced the withdrawal of regulatory guidance concerning banks' crypto assets and dollar token operations, alongside updates to related business expectation standards. Analysts suggest that this move signifies a broader legitimization of Bitcoin in the eyes of regulatory bodies, extending beyond mere banking policies. This development is expected to aid the Federal Reserve in accelerating its vision of creating a financial environment where Bitcoin is as accessible and secure as traditional fiat currency. Consequently, Bitcoin checking accounts, crypto-backed loans, and the conversion between cryptocurrencies and fiat currencies may be integrated into traditional banking services sooner than anticipated.
#TariffPause #BinanceAlphaPoints #Fed #MarketRebound
$BTC

Senator Cynthia Lummis' doubts about the Federal Reserve's recent decision come as many prominent crypto entrepreneurs have voiced their support.
United States Senator Cynthia Lummis suggests the crypto industry may be celebrating too soon over the US Federal Reserve softening its crypto guidance for banks.
“The Fed withdrawing crypto guidance is just noise, not real progress,” Lummis said in an April 25 X post. Lummis called the Fed’s April 24 announcement — withdrawing its 2022 supervisory letter that had discouraged banks from engaging with crypto and stablecoin activities — “just lip service.”
Lummis’ tone was different from the rest of the crypto industry:
Lummis, a pro-crypto advocate known for introducing the Bitcoin Strategic Reserve Bill in July 2024, pointed out several flaws in the Fed’s announcement, even as Strategy founder Michael Saylor and crypto entrepreneur Anthony Pompliano suggested it was a step forward for banks and crypto.
She argued that the Fed continues to “illegally flout the law on master accounts” and still relies on reputational risk in its bank supervision practices. It comes as the Federal Insurance Deposit Corporation (FDIC) is working on a rule to stop examiners from considering reputational risk when reviewing a bank’s operations, according to a recent Bloomberg report.
Lummis also highlighted the Fed’s policy statement in Section 9(13), which hasn’t been withdrawn, stating that Bitcoin and digital assets are considered “unsafe and unsound.”
She also reiterated many of the same staff behind Operation Chokepoint 2.0 are still involved in crypto policy today.
“We are NOT fooled. The Fed assassinated companies within the industry and hurt American interests by stifling innovation and shuttering businesses. This fight is far from over.”
“I will continue to hold the Fed accountable until the digital asset industry gets more than a life jacket, Chair Powell — they need a fair shake,” Lummis said.
Custodia Bank founder and CEO Caitlin Long seemed to share a similar view to Lummis.
“THANK YOU for seeing this for what it is,” Long said.
However, many crypto executives praised the Fed’s announcement as a positive development for the industry. Saylor said in an April 25 X post that the Fed’s move means that “banks are now free to begin supporting Bitcoin.”
Anastasija Plotnikova, co-founder and CEO of blockchain regulatory firm Fideum, said the Fed’s decision “is a significant development, as it will simplify the path to institutional adoption.”
#Fed #MarketRebound
$BTC
$ETH
$XRP

Dear cryptocurrency traders,

This week (based on U.S. dates), a series of important economic events in the U.S. could significantly impact the global financial market, including cryptocurrencies. This data not only affects the USD (current USDX 97.9, the lowest point on 21/04/2025, according to

) but also creates volatility for assets like Bitcoin ($93,300) and altcoins. To optimize trading strategies, traders need to closely monitor the following events:

Michael Saylor and Blue Macellari praised new SEC Chair Paul Atkins, calling him positive for Bitcoin and crypto policy.

Michael Saylor, the CEO of top corporate Bitcoin holder Strategy (formerly MicroStrategy), expressed support for new US Securities and Exchange Commission (SEC) Chair Paul Atkins.

In an April 23 X post, Saylor wrote that “SEC Chairman Paul Atkins will be good for Bitcoin.” The statement follows Atkins’ swearing-in as the 34th chairman of the SEC on April 21.

#MichaelSaylor #TariffPause #Fed
$BTC
$BNB
$ETH

The Federal Reserve (Fed) announced that it will no longer require member banks to provide prior notice of crypto and stablecoin-related activities, marking the end of the 'Operation Chokepoint 2.0' policy from the Biden era. Is this a major turning point for the cryptocurrency industry? Let's analyze in detail.

Fed Changes Policy: Crypto Treated Equally

On Thursday evening (April 24, 2025), #Fed announced it would end the requirement for member banks to provide prior notice of crypto and stablecoin-related activities. Instead, the Fed will oversee digital asset activities just like any other banking activity. This move comes after similar changes from two other major banking regulators, the FDIC and the Office of the Comptroller of the Currency (OCC), which clarified that banks are allowed to engage in crypto activities without explicit permission from regulators.

The cryptocurrency market is about to enter an extremely important week as the U.S. releases a series of economic data that could shape expectations about interest rates in the near future. Bitcoin and altcoins could see significant volatility based on this news.

Below is the exact schedule for the release of U.S. economic data (Vietnam Time):

🔹 Tuesday (29/04 – 9 PM):

JOLTS Job Openings – Number of job openings in the U.S.