The House Financial Services Committee advanced the STABLE Act bill with 32 votes in favor out of 49. The bill faced potential challenges from Donald Trump and family members' involvement with crypto.

They say that pride cometh before the fall, and the adage certainly proved true for the cryptocurrency – and, frankly, stock – market on April 2.

Trump family's $390 million crypto investment draws scrutiny as lawmakers question SEC about regulatory decisions that may benefit presidential interests.

The U.S. took a key step toward regulating stablecoins as the House Financial Services Committee advanced the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act. The move aligns with similar progress in the Senate, setting the stage for a final bill.

Crypto markets faced heightened volatility as over $450 million in futures were liquidated within 24 hours following the implementation of new U.S. tariffs. The move, announced by President Donald Trump, included a 25% tariff on auto imports and a minimum 10% tariff on all exporters to the U.S. China was hit hardest, with tariffs on some goods rising by 50%, while Indian exports faced a 26% duty hike.

The U.S. Treasury Department has imposed sanctions on crypto addresses associated with Russia's Garantex in its latest action against the Houthis and their funding operations. The U.S.

The AI Prophecy memecoin has crashed over 70% in 3 days after Binance's adjustment of the leverage and margin tiers for ACT/USDT pair had triggered liquidations and forced sell-offs. The AI Prophecy (ACT) continues to bleed, currently trading at $0.

Trump's new tariffs, falling rate cut odds, and a looming bear flag breakdown threaten to erase crypto gains from the 2024 election rally—here's what traders need to know in April 2025.

The U.S. House Financial Services Committee passed the STABLE Act to regulate USD-pegged stablecoins despite controversy over Trump family connections to the sector.

Trump's new tariffs triggered $450M in crypto liquidations as Bitcoin fell from $88,500 to $83,500, creating market-wide uncertainty.

The crypto market cap dumped by roughly $140 billion from the peak yesterday.

The US House Financial Services Committee voted 32-17 to pass the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025, aimed at stablecoin regulation.

The U.S. House Financial Services Committee has pushed forward the STABLE Act, a major step toward stablecoin regulations. While the bill gained bipartisan support, Democrats are raising red flags over Donald Trump's involvement with World Liberty Financial (WLFI) and its USD1 stablecoin.

Crypto exchange Binance saw major altcoins including ACT crashing massively as traders pointed fingers at algorithmic trading firm Wintermute.

The Bank of Russia is reportedly pushing back the digital ruble's launch to mid-2026 as banks face hurdles in migrating from foreign software amid sanctions.

Unlocking the local market would further boost the USD stablecoin market and revitalize the South Korean crypto industry, one analyst said.

The crypto market today has taken a notable hit, following the trade tensions from Trump's tariffs and inflation fears. The brunt was significant as the business saw liquidations of over $500 million. Bringing the traditional stock market into reference, the S&P 500 saw a $2 trillion wipeout in just 15 minutes.

A bill to regulate stablecoin in the United States has been passed by the US House Financial Services Committee.

A recent study by Chainplay and Storible reveals that 83% of crypto investors have been scammed or hacked at least once, with average losses reaching $2,622 per victim. Exchange hacks have cost users over $27 billion, highlighting the persistent security risks in the crypto market.

US House Financial Services Committee voted 32-17 to advance a bill aimed at regulating stablecoins. A handful of Democrats joined Republicans in favor of the measure, reflecting one of the few areas of bipartisan agreement.

Decentralized video game ecosystem Treasure DAO is restructuring as “a matter of survival” to extend its financial runway to at least February 2026. Treasure DAO's chief contributor John Patten says in an April 2 video posted to X that he has resumed a leadership role and is taking a plan to the DAO to streamline operations, eliminate unnecessary costs, and center the organization around a few key projects.

California Representative Maxine Waters strongly criticized President Donald Trump over his involvement in the crypto sector, and in particular his family's backing of the USD1 stablecoin.

An anonymous crypto trader is bearing a $3.79M loss after the popular crypto exchange Binance implemented updates on the leverage and margin tiers for specific cryptos. With the dominance of this exchange, its action often has a significant impact on the industry, especially around listing and delisting, affecting the value of digital assets and the

The cryptocurrency market has plunged back into a state of “Extreme Fear” following a steep drop in investor sentiment. The post Fear & Greed Index Hits 25 as Crypto Market Returns to ‘Extreme Panic' Sentiment appeared first on Cryptonews.

Republicans won big with crypto's backing—but what does this mean for upcoming regulations?

In the past day, the cryptocurrency market experienced significant volatility, leading to widespread liquidations of both short and long positions. This turmoil was primarily triggered by President Donald Trump's announcement of new tariffs, which injected uncertainty into global markets, including cryptocurrencies.

Trump's crypto ties pose “an unprecedented conflict of interest,” said lawmakers asking the SEC for answers on paused enforcement cases.

OnlyFans founder Tim Stokely has reportedly joined forces with the HBAR Foundation to make a late bid for TikTok. The post Hedera-Linked Crypto Foundation, OnlyFans Founder Enter Late Bidding War for TikTok: Report appeared first on Cryptonews.

Kazakhstan's financial sector recently strengthened ties with the United Arab Emirates (UAE) through a delegation visit from March 26-27. Kazakhstan, UAE to Cooperate on CBDC Development A delegation from Kazakhstan's financial sector recently visited the United Arab Emirates (UAE) to strengthen collaboration in digital assets and blockchain technology.

Representative Maxine Waters has raised concerns about President Donald Trump's growing ties to cryptocurrency during an April 2 hearing in Washington.

The crypto market experienced heightened volatility in the past 24 hours, triggering significant liquidations. The total crypto market cap slipped 2% to hover about $2.68 trillion on Thursday, April 3, during the mid-Eastern financial market trading session.

The STABLE Act has cleared the House Financial Services Committee, even as scrutiny of Trump-linked stablecoin ventures mounts.

The U.S. House Financial Services Committee has voted to advance a new bill aimed at regulating stablecoins. The post House Financial Services Committee Advances Stablecoin Regulation Bill appeared first on Cryptonews.

Elizabeth Warren and Maxine Waters have asked the SEC to preserve all records related to World Liberty Financial, the crypto firm tied to Trump's family. The post Warren, Waters Push SEC on Whether Trump Admin is Influencing Crypto Regulation for Personal Gain appeared first on Cryptonews.

Kraken, one of the leading global cryptocurrency exchanges, has officially registered as a restricted dealer in Canada. This move enables the platform to continue offering crypto trading services to Canadian users under the countrys evolving regulatory landscape.

The Depository Trust and Clearing Corporation (DTCC), the worlds largest securities settlement system, is advancing into crypto with a new blockchain-powered platform for tokenized collateral management. The platform aims to streamline outdated collateral systems by leveraging smart contracts and real-time blockchain infrastructure.

BlackRock receives FCA approval to operate as a registered crypto asset firm in the UK. Approval may lead to the expansion of BlackRock's iShares Bitcoin ETP in the UK.

The House Financial Services Committee voted to advance a monumental bill to regulate stablecoins on Wednesday.

The Crypto Fear and Greed Index has plunged to 25, dropping 19 points from the previous day and pushing the market into “Extreme Fear” territory. This steep drop follows U.S. President Donald Trump's Apr.

Though many Democrats on the House Financial Services Committee voted with Republicans to move the bill, they raised flags about the Trump-tied stablecoin.

Blackrock's FCA approval to support a crypto ETP marks a breakthrough for institutional adoption in the UK, unlocking new pathways into regulated digital asset exposure. UK's FCA Clears Blackrock as Arranger for Crypto ETP, Marking Major Institutional Shift Blackrock International Ltd.

Lawmakers have sent a letter to the Securities and Exchange Commission (SEC) demanding full transparency regarding Trump's links to a crypto company.

Crypto markets dipped after US President Donald Trump's declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in the ongoing trade war. The Trump administration has hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing a 34% tariff, the European Union 20%, and Japan 24%.

Cryptocurrency exchange OKX reportedly hired former New York Governor Andrew Cuomo to advise it over the federal probe that resulted in the firm pleading guilty to several violations and agreeing to pay $505 million in fines and penalties.Cuomo, a New York-registered attorney, advised OKX on legal issues stemming from the probe sometime after August 2021 when he resigned as New York overnor, Bloomberg reported on April 2, citing people familiar with the matter. “He spoke with company executives regularly and counseled them on how to respond to the criminal investigation,” Bloomberg said.

The cryptocurrency market could hit its lowest point within the next two months, with a 70% chance of this happening before June, according to Aurelie Barthere.

At an April 2 hearing, Representative Maxine Waters criticized President Donald Trump's involvement in cryptocurrency.

Crypto AI Agents are facing a tough market, with top coins down sharply and investor interest shifting toward utility over hype. Despite the decline, Ethereum-based projects are gaining ground, overtaking Base to become the second-largest chain in the sector behind Solana.

Pump.fun has introduced PumpFi, an on-chain lending platform designed to help users finance the purchase of meme coins and NFTs.