Cryptocurrency news etrscrypto
President Trump pardons BitMex and executives. On March 27, President Donald Trump issued “full and unconditional” pardons to HDR Global Trading Limited, operator of the BitMex cryptocurrency exchange, and four of the firm’s former executives – Arthur Hayes, Benjamin Delo, Samuel Reed, and Gregory Dwyer shazam online casino. The pardons relate to 2024 and 2022 guilty pleas to violations of the Bank Secrecy Act (BSA) and failure to maintain adequate anti-money laundering (AML) compliance programs. The individuals had been sentenced to probation and ordered to pay collectively more than $30 million, while HDR had been ordered to pay a $100 million fine in addition to $100 million to settle registration failures with the Commodity Futures Trading Commission (CFTC) and the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). For more information on BitMex, see our prior issues: January 2025, July 2024, May 2022, and March 2022.
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.
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. 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.”
Latest cryptocurrency news april 30 2025
FinCEN notes FATF identifies jurisdictions with AML/CFT deficiencies. On February 26, FinCEN announced that the Financial Action Task Force (FATF) updated its lists of jurisdictions with strategic anti-money laundering (AML), countering the financing of terrorism (CFT), and countering the financing of proliferation of weapons of mass destruction (CPF) deficiencies at the conclusion of its plenary meeting this month. FinCEN informed US financial institutions to consider FATF’s stance toward these jurisdictions when reviewing their obligations and risk-based policies, procedures, and practices. FATF added Laos and Nepal to its list of jurisdictions under increased monitoring and removed the Philippines from that list. Additionally, FATF’s list of high-risk jurisdictions subject to a call for action remains the same (Iran, Democratic People’s Republic of Korea and Burma).
Kentucky enacts framework for digital assets and blockchain. On March 24, Kentucky enacted HB 701, establishing a framework for the treatment of digital assets and blockchain under state law. The new law defines terms relating to blockchain technology; allows individuals to use digital assets and self-hosted wallets; prohibits local zoning changes that discriminate against a digital asset mining business; provides guidelines for operation of a node; amends state law to exclude home digital asset mining, digital asset mining business, and the operation of a node from money transmitter license requirements; and provides that digital asset mining or staking as a service shall not be deemed to be offering or selling a security.
PwC issues Global Crypto Regulation Report. In March, Price Waterhouse Coopers released its Global Crypto Regulation Report 2025. The report “provides an overview of the global regulatory landscape, how regulatory frameworks are developing across the world, and the impact on crypto and traditional financial services firms.” The report contains a “high-level snapshot of global cryptocurrency regulation,” key regulatory trends, a summary of recent developments by “key global standard-setting institutions,” and an overview of digital assets regulation across key jurisdictions.
Avalanche has risen by more than 16% in the last 7 days and is now trading above $22. The blockchain infrastructure of this platform provides quick processes and application scalability to attract more users for its ongoing development.
OFAC drops sanctions against Tornado Cash. On March 21, the Department of the Treasury announced the removal of economic sanctions against Tornado Cash “as reflected in Treasury’s Monday filing in Van Loon v. Department of the Treasury.” Treasury asserted that it “remains committed to using authorities to expose and disrupt the ability of malicious cyber actors to profit from their criminal activities through the exploitation of digital assets and the digital assets ecosystem.”
Latest cryptocurrency news april 2025
Analytics Insight’s April Crypto Report offers a comprehensive overview of price trends, sentiment shifts, and institutional behavior, helping investors and analysts understand the fast-evolving digital asset space.
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. 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.”
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.