- Latest global cryptocurrency news april 2025
- Latest news affecting global cryptocurrency markets april 2025
Latest global cryptocurrency news may 2025
DOJ announces shift in digital asset enforcement priorities. The US Department of Justice (DOJ) issued a memorandum to departmental employees on April 7 that disbands the DOJ’s National Cryptocurrency Enforcement Team and states that the DOJ “is not a digital assets regulator https://menrich-press.com/dota-2-tier-list/.” The memorandum shifts DOJ enforcement priorities from “regulation by prosecution” by “target virtual currency exchanges, missing and tumbling services, and offline wallets for the acts of their end users.” The shift changes the priorities to “investigations and prosecutions that involve conduct victimizing investors, including embezzlement and misappropriation of customers’ funds on exchanges, digital asset investment scams, fake digital asset development projects…, hacking of exchanges and decentralized autonomous organizations resulting in the theft of funds, and exploiting vulnerabilities in smart contracts,” and the use of digital assets in furtherance of unlawful conduct, such as human trafficking, cartels, fentanyl production, terrorism, and smuggling. The memorandum orders all ongoing investigations inconsistent with this directive to be closed.
Google announced new AI initiatives on April 3, 2025, including a startup accelerator launching in May and SpeciesNet, an open-source AI model for identifying animal species from camera trap photos (Google Blog). In China, Baidu plans to open-source its next-generation AI model, Ernie, by June 30, 2025, and make its chatbot, Ernie Bot, freely available from April 1, intensifying competition (Crescendo AI). These moves reflect the rapid evolution of AI applications across industries.
The crypto gambling industry continues to grow despite regulatory obstacles as Malta and Curacao have established reputable licensing systems for these platforms. The sector shows signs of lasting expansion because decentralized casinos built on smart contracts are emerging in the market.
President Trump signs bill overturning IRS DeFi broker rule. On April 10, President Trump signed into law a Congressional Review Act of Disapproval (CRA) to overturn the Internal Revenue Service (IRS) Digital Assets Sale and Exchanges Rule, otherwise known as the “DeFi broker rule.” The DeFi broker rule previously required digital asset “brokers” to report to the IRS certain decentralized finance (DeFi) transactions conducted on their platforms. The rule defined “brokers” to include DeFi platforms, which typically are unable to collect from users the information required by the rule. The CRA prohibits any future administration from issuing similar rules without new legislation. For more information on the DeFi broker rule, see our January 2025 issue.
Latest global cryptocurrency news april 2025
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. 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.
OCC ends reputational risk examinations. On March 20, the Office of the Comptroller of the Currency (OCC) announced that it will no longer consider “reputational risk” in its examinations of OCC-supervised banks. Commenting on the announcement, Acting Comptroller of the Currency Rodney Hood emphasized that OCC examinations should focus on “appropriate risk management processes for bank activities, not casting judgment on how a particular activity may fare with public opinion.”
Digital Transformation – The never-ending journey. Digital transformation is more than a trend – it’s a continuous journey. Our Tech Index 2024 looks at the rise of blockchain to the advancements in AI and the potential of quantum computing, the evolution never stops. Organizations must adapt and lead the way in this ever-changing landscape. Mark O’Conor, Paul Allen, and Chloe Forster take a deep dive into digital transformation.
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. 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.
OCC ends reputational risk examinations. On March 20, the Office of the Comptroller of the Currency (OCC) announced that it will no longer consider “reputational risk” in its examinations of OCC-supervised banks. Commenting on the announcement, Acting Comptroller of the Currency Rodney Hood emphasized that OCC examinations should focus on “appropriate risk management processes for bank activities, not casting judgment on how a particular activity may fare with public opinion.”
Latest news affecting global cryptocurrency markets april 2025
The number of Bitcoin in ETFs is steadily growing. So far, we haven’t observed any major drawdowns in ETF holdings — even during periods of weak price performance and market pessimism, such as the summer and early autumn of 2024.
Dubai hosted the TOKEN2049 conference, attracting over 15,000 participants, including industry leaders from BlackRock, Goldman Sachs, and Binance. Discussions revolved around crypto adoption, regulations, and shifting investor sentiment toward Trump’s policies on digital assets.
Bitcoin showed significant price growth in April and demonstrated a strong ability to rebound quickly. So far, April has been the best-performing month for Bitcoin in 2025 in terms of price increase — partly due to a low base effect and a recovery from the February dip.
Beyond niche upgrades and validator quality-of-life improvements, Pectra introduces major changes aimed at making Ethereum more user-friendly. In an era dominated by Solana’s rise and the memecoin frenzy, it has become painfully clear that average users dislike signing countless permissions and transactions — often without understanding what they’re approving.