Cryptocurrency news april 2025
California DFPI issues proposed regulations on DFAL. On April 4, the California DFPI issued proposed regulations to implement the state Digital Financial Assets Law (DFAL), which requires digital asset companies operating in the state to obtain a license, maintain records, and submit reports to the state is slots lv a scam. Among other things, the regulations exempt from the state money transmission act “any money transmission of legal tender occurring in, associated with, or related to the normal, typical, or customary performance of digital financial asset business activity.” Comments must be submitted by May 19.
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.
Ethereum has shown strong price action in recent days by reclaiming key levels above $1,950 and $2,000. A surge in its volume supports the bullish momentum but caution is necessary due to high leverage driving the volatile price movement. A stable Bitcoin price is also crucial for Ethereum’s bullish momentum and all other altcoins as well.
SEC closes investigation into Crypto.com. On March 27, Crypto.com announced that it had received a No-Action Letter closing the SEC’s investigation in the crypto exchange. Crypto.com had reportedly received a Wells Notice from the Commission in August 2024 asserting that several of the cryptocurrencies sold on Crypto.com were unregistered securities. In response, Crypto.com filed a declaratory relief action in the US District Court for the Eastern District of Texas in October 2024, seeking to enjoin the SEC from bringing a civil action against the exchange.
Cryptocurrency market news april 2025
US February CPI data was: year-on-year increase of 2.8%, core CPI year-on-year increase of 3.1%, persistently higher than the Fed’s target level. If this data is higher than expected (e.g., core CPI ≥2.8%), it may trigger market concerns about “stagflation,” the crypto market may experience short-term selling, Bitcoin may test key support levels, even touching a new low of $76,000.
California DFPI issues proposed regulations on DFAL. On April 4, the California DFPI issued proposed regulations to implement the state Digital Financial Assets Law (DFAL), which requires digital asset companies operating in the state to obtain a license, maintain records, and submit reports to the state. Among other things, the regulations exempt from the state money transmission act “any money transmission of legal tender occurring in, associated with, or related to the normal, typical, or customary performance of digital financial asset business activity.” Comments must be submitted by May 19.
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.
US February CPI data was: year-on-year increase of 2.8%, core CPI year-on-year increase of 3.1%, persistently higher than the Fed’s target level. If this data is higher than expected (e.g., core CPI ≥2.8%), it may trigger market concerns about “stagflation,” the crypto market may experience short-term selling, Bitcoin may test key support levels, even touching a new low of $76,000.
California DFPI issues proposed regulations on DFAL. On April 4, the California DFPI issued proposed regulations to implement the state Digital Financial Assets Law (DFAL), which requires digital asset companies operating in the state to obtain a license, maintain records, and submit reports to the state. Among other things, the regulations exempt from the state money transmission act “any money transmission of legal tender occurring in, associated with, or related to the normal, typical, or customary performance of digital financial asset business activity.” Comments must be submitted by May 19.
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.
Cryptocurrency news cardano
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Cardano price faced rejection around the daily resistance at $0.84 on May 13 and declined 10% in the next four days. This daily level coincides with the 50% Fibonacci retracement ( drawn from the March 3 high of $1.17 to the April 7 low of $0.51) at $0.84, making this a key resistance zone. However, ADA retested and found support around its 200-day Exponential Moving Average (EMA) at $0.71 on Sunday. At the time of writing on Tuesday, it trades slightly down at around $0.73.
Santiment’s Daily Active Addresses index, which tracks network activity over time, paints a bearish picture for Cardano. A rise in the metric signals greater blockchain usage, while declining addresses point to lower demand for the network.
Sec cryptocurrency news
The SEC has targeted crypto exchanges like Binance, Coinbase and others for allegedly operating unregistered securities exchanges. That scrutiny came after the high-profile meltdown of FTX, the exchange founded by disgraced crypto mogul Sam Bankman-Fried.
“To date, the SEC has relied primarily on enforcement actions to regulate crypto retroactively and reactively, often adopting novel and untested legal interpretations along the way,” the agency said in announcing the task force. “Clarity regarding who must register, and practical solutions for those seeking to register, have been elusive.”
The Task Force will operate within the statutory framework provided by Congress and will coordinate the provision of technical assistance to Congress as it makes changes to that framework. The Task Force will coordinate with federal departments and agencies, including the Commodity Futures Trading Commission, and state and international counterparts.
On February 13, a federal judge granted a joint request by the SEC and Binance, the world’s largest crypto exchange, to pause their ongoing litigation while they await new rules from the crypto task force. The SEC petitioned for a similar pause on Wednesday in a separate case against Justin Sun, the Chinese crypto entrepreneur who recently announced he had invested $75 million in a crypto project with ties to the Trump family.
SEC Chair Gary Gensler has said that some of the major crypto exchanges “are likely trading securities” and thus need to register with the SEC. “When a new technology comes along,” Gensler said, “our existing laws don’t just go away.” Gensler has also urged more enforcement of stablecoins and other crypto tokens.