Newly confirmed United States Securities and Exchange Commission (SEC) Chair Paul Atkins laid out what his tenure at the federal regulator will look like on Friday while giving opening remarks at the agency’s third-ever crypto roundtable. Atkins Gives First Crypto Roundtable Remarks As SEC Chair In his April 25 remarks, Atkins reaffirmed his vision to drive forward balanced rulemaking regarding the digital asset industry while taking a swipe at former SEC head Gary Gensler’s regulation-by-enforcement approach to the sector at the agency’s D.C. headquarters. “Market participants engaging with this technology deserve clear regulatory rules of the road,” Atkins said. “Innovation has been stifled for the last several years due to market and regulatory uncertainty that unfortunately the SEC has fostered.” Chairman Paul Atkins' remarks at the Crypto Task Force Roundtable today: https://t.co/qdz19Hdgyl pic.twitter.com/eJgwXNkJko — U.S. Securities and Exchange Commission (@SECGov) April 25, 2025 “I look forward to engaging with market participants and working with colleagues in President Trump’s Administration and Congress to establish a rational, fit-for-purpose regulatory framework for crypto assets,” he added. Paul Atkins Praises SEC Commissioner Hester Peirce Atkins’ comments came just days after he was sworn in to lead the SEC in a White House ceremony, where he vowed to apply a “rational, coherent, and principled” approach to the cryptocurrencies at large. Atkins is widely seen as a pro-crypto choice to spearhead the U.S. regulatory environment , with reports indicating that the one-time SEC commissioner owns up to $6 million in digital assets himself. Friday, however, marked the first roundtable by the SEC’s Crypto Task Force to feature Atkins as a panelist and the public alike discussed custody rules and regulations. Launched in January, the agency’s Crypto Task Force seeks to generate a “comprehensive and clear regulatory framework for crypto” by collaborating with the public “to set the SEC on a sensible regulatory path.” During his remarks on Friday, Atkins shouted out SEC Commissioner and Crypto Task Force leader Hester Peirce for her “tireless advocacy” for common-sense crypto policy in the U.S. “Commissioner Peirce is the right person to lead the effort to come up with a rational regulatory framework for crypto asset markets,” he said. The post SEC Chair Paul Atkins Marks Swift Departure From Gary Gensler-Rulemaking appeared first on Cryptonews .
The UK Chancellor Rachel Reeves said their relationship with the EU is way more crucial than the one with the US. Reeves also noted that the UK is more focused on moving closer to the EU on matters of trade. In an interview with the BBC, Rachel Reeves suggested that moving closer to the EU on trade is a bigger priority despite her current focus on talks with the US. She said the UK government was giving it all to cut a trade deal with the Trump administration. Earlier this week, Reeves suggested that the UK could reduce car import tariffs from 10% to 2.5%. Reeves said reducing tariffs by 8.5 percentage points is part of a greater trade deal. Reeves says the UK will focus on resetting trade ties with the EU The UK Chancellor Rachel Reeves said that the country’s trading ties with Europe are more essential than those with the United States. Reeves declared a shift of Britain’s focus from its bilateral trade dispute with the US to the upcoming summit with Europe. The chancellor noted that she has been working on an ambitious reset of trade ties with the EU. Reeves suggested the creation of a young travel scheme that would facilitate free movement. She also discussed aligning the United Kingdom with Brussels’ regulations to minimize trade barriers. The chancellor stated that she understood why there was a lot of focus on the UK’s trading ties with the US. She suggested the UK’s trade ties with the EU are arguably more important. Reeves noted that it is important for the UK to reset its relationship with its nearest neighbors in the EU. The chancellor said she has already met with ministers from Germany, Sweden, Finland, France, and Spain. The chancellor declared that they would rebuild the trade relations with the EU in a way that is good for British consumers and jobs. The Prime Minister of the United Kingdom, Sir Keir Starmer, has maintained that he would not choose between the US and the EU. Starmer added that he focuses on harmonizing the country’s two key global trade ties. Britain hopes to strike a trade deal with the US The UK Prime Minister said that the EU is their biggest trading partner. However, he noted that the EU and the US are of great importance to Britain. The Prime Minister declared that the UK treats both the EU and the US with massive respect. According to government records, in 2023, the US accounted for 21.2 % of British exports, which matched the EU’s 41.2%. Reeves announced on Friday that she would be discussing trade matters with her US counterpart Scott Besset in Washington. She noted that Britain is pushing hard to strike a deal with the US. Reeves has also signaled that Britain could cut its tariffs on US car imports. She noted that the move to lower tariffs was a broader part of trying to cut a deal with the US President Donald Trump. The chancellor said that she would like to see tariffs and non-tariff trade barriers minimized between the US and the UK. Reeves revealed that the UK is trying to reduce the taxes imposed by the Trump administration by 25% for automobiles, aluminum, and steel and 10% on other United Kingdom exports. She suggested Britain could reduce its car import taxes from 10% to 2.5%. The chancellor said she was open to a better deal from the Trump government. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Solana’s recent surge has ignited discussions about its sustainability and future potential within the cryptocurrency market. Solana’s stablecoin supply has hit a new all-time high of 12.80 billion. This dual
The burgeoning interest in alternative cryptocurrencies is exemplified by Bitwise’s recent move to file for a NEAR ETF, intended to capitalize on the expanding market for blockchain technology. Near Protocol,
Pi Network has shown a slight recovery of 5% this week, yet it struggles from a larger decline of 17% over the past month, indicating a period of consolidation. As
After launching Bitcoin and Ethereum ETFs, the crypto asset manager is expanding its focus—now to Near Protocol.
David Sacks, appointed as the crypto czar under former President Donald Trump, stated that upcoming Federal Reserve rule changes will open banking institutions to cryptocurrencies such as Bitcoin. Sacks emphasized that this regulatory shift is expected to facilitate broader mainstream adoption of crypto assets in the United States. The announcement signals a move towards integrating digital currencies more fully into the traditional banking system, potentially accelerating the acceptance and use of cryptocurrencies nationwide. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Bloomberg’s senior commodity strategist Mike McGlone made some striking assessments by comparing Bitcoin’s current market outlook with the past. McGlone referred to his wrong prediction in 2018, stating that he predicted that Bitcoin could lose one zero at that time, but this prediction did not come true. In his post titled “Bitcoin 2018 vs. 2025”, McGlone emphasized that cryptocurrency technology and adoption were still in the early stages in 2018, and the situation is very different today. McGlone said, “Crypto speculation now resembles the internet bubble of 1999. The market value/GDP ratio of the US stock market is at its highest levels in the last century worldwide.” Related News: BREAKING: A Corporation Announces It May Acquire $1 Billion Worth of This Surprise Altcoin Expressing concern about deflationary effects, McGlone suggested that one of Bitcoin's “famous comebacks” could lead to a sharp correction in the market. He stated that it is possible for cryptocurrencies to experience a collapse in 2025, like the US stock market in 1929, Japan in 1989 and the internet bubble in 2000. In this case, he stated that deflationary effects could be in favor of gold and US Treasury bonds. He also said that the crypto market has been almost flat for the last seven years, indicating the burden of unlimited supply, volatility and speculation on new technology. *This is not investment advice. Continue Reading: Bloomberg Analyst Mike McGlone Warns About Bitcoin and Cryptocurrencies
A new rival of Ethereum ( ETH ) is seeing a massive boost in price after gaining support from the world’s largest crypto exchange platform by volume. In a new announcement, Binance says it will officially add the layer-1 blockchain Initia ( INIT ) to its suite of products starting on April 24th, preceding a spike in price for the asset. INIT went from a low of $0.605 on April 24th to a peak of $0.921 just a few hours later. The digital asset has since retraced and is trading for $0.88 at time of writing, a 40.95% increase during the last 24 hours. On its official website, the development team behind Initia says the project is designed to offer rollups and infrastructure for appchain development and streamline the development process by reducing the decisions developers have to make. According to the project, developers spend a lot of time creating rollups – or transactions processed in large batches off-chain as a means of increasing efficiency, which prevents them from fully focusing on their applications. “Historically, building a rollup requires developers to research, select, and piece together numerous components and services… [The] tasks divert time and resources from developers, preventing them from focusing on building their applications… With [our] approach, developers can focus solely on building, improving, and shipping their applications.” Earlier this month, INIT was added to Binance’s launchpool. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post New Ethereum (ETH)-Competitor Leaps Over 40% Following Official Binance Listing appeared first on The Daily Hodl .
Shaquille O'Neal settles a lawsuit related to his involvement with FTX. The case includes several other prominent celebrities and athletes. Continue Reading: Shaquille O’Neal Settles Lawsuit Linked to FTX Controversy The post Shaquille O’Neal Settles Lawsuit Linked to FTX Controversy appeared first on COINTURK NEWS .