<img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NDgzZjctMTdlYS03OTc0LWJlNzMtNjYxYzdjZDE1N2M3.jpg"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NDgzZjctMTdlYS03OTc0LWJlNzMtNjYxYzdjZDE1N2M3.jpg" alt="Here’s what happened in crypto today">Today in crypto, US Senator Cynthia Lummis says the Federal Reserve&rsquo;s latest crypto decision is &ldquo;just lip service,&rdquo; SEC chair Paul Atkins speaks at the agency&rsquo;s roundtable. Circle executive Dante Disparte denies reports that the company is pursuing a US federal bank charter.<h2>Crypto banking rule withdrawal by Fed &lsquo;not real progress&rsquo; &mdash; Senator Lummis</h2>United States Senator Cynthia Lummis says the <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/crypto-banking-guidance-united-states-federal-reserve-cynthia-lummis-doubts" rel="" target="_self" text="null" title="https://cointelegraph.com/news/crypto-banking-guidance-united-states-federal-reserve-cynthia-lummis-doubts">crypto industry may be celebrating</a> too soon over the US Federal Reserve softening its crypto guidance for banks.&ldquo;The Fed withdrawing crypto guidance is just noise, not real progress,&rdquo; Lummis&nbsp;<a data-ct-non-breakable="null" href="https://x.com/SenLummis/status/1915786880211452076" rel="null" target="null" text="null" title="null">said</a>&nbsp;in an April 25 X post. Lummis called the Fed&rsquo;s April 24 announcement &mdash; withdrawing its 2022 supervisory letter that had&nbsp;<a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-adoption-us-federal-reserve-guidance-withdrawal-2025-saylor" rel="null" target="null" text="null" title="null">discouraged banks from engaging</a> with crypto and stablecoin activities &mdash; &ldquo;just lip service.&rdquo;Lummis, a pro-crypto&nbsp;<a data-ct-non-breakable="null" href="https://cointelegraph.com/news/sen-lummis-introduces-bitcoin-strategic-reserve-bill-senate" rel="null" target="null" text="null" title="https://cointelegraph.com/news/sen-lummis-introduces-bitcoin-strategic-reserve-bill-senate">advocate known for introducing</a>&nbsp;the Bitcoin&nbsp;Strategic Reserve Bill in July 2024, pointed out several flaws in the Fed&rsquo;s announcement, even as Strategy founder Michael Saylor and crypto entrepreneur Anthony Pompliano suggested it was a step forward for banks and crypto.She argued&nbsp;<a data-ct-non-breakable="null" href="https://cointelegraph.com/news/federal-reserve-withdraws-crypto-guidance-for-banks" rel="null" target="null" text="null" title="https://cointelegraph.com/news/federal-reserve-withdraws-crypto-guidance-for-banks">that the Fed continues</a>&nbsp;to &ldquo;illegally flout the law on master accounts&rdquo; and still relies on reputational risk in its bank supervision practices. Lummis also highlighted the Fed&rsquo;s policy statement in Section 9(13), which hasn&rsquo;t been withdrawn, stating that Bitcoin and digital assets are considered &ldquo;unsafe and unsound.&rdquo;<h2>SEC chair suggests 'huge benefits' in agency's third crypto roundtable</h2>In one of his first appearances as the recently sworn-in chair of the US Securities and Exchange Commission, Paul Atkins <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/sec-paul-atkins-benefits-crypto-roundtable" rel="" target="_self" text="null" title="https://cointelegraph.com/news/sec-paul-atkins-benefits-crypto-roundtable">delivered remarks</a> to the agency&rsquo;s third roundtable discussion of crypto regulation.&nbsp;In the &ldquo;Know Your Custodian&rdquo; roundtable event on April 25, Atkins <a data-ct-non-breakable="null" href="https://www.sec.gov/newsroom/meetings-events/know-your-custodian-key-considerations-crypto-custody" rel="null" target="null" text="null" title="null">said</a> he expected &ldquo;huge benefits&rdquo; from blockchain technology through efficiency, risk mitigation, transparency, and cutting costs. He reiterated that among his goals at the SEC would be to facilitate &ldquo;clear regulatory rules of the road&rdquo; for digital assets, hinting that the agency under former chair Gary Gensler had contributed to market and regulatory uncertainty.&nbsp;&ldquo;I look forward to engaging with market participants and working with colleagues in President Trump&rsquo;s administration and Congress to establish a rational fit-for-purpose framework for crypto assets,&rdquo; said Atkins.<figure><img alt="Cryptocurrencies, Banking, Decentralization, Circle, Bitcoin Price, Bitcoin Regulation, United States, Donald Trump, Bitcoin Adoption, Companies, Policy" src="https://s3.cointelegraph.com/uploads/2025-04/01966e0f-30bb-7fc9-8cb1-ed000ebb50ce" title=""><figcaption style="text-align: center;">SEC chair Paul Atkins addressing the April 25 crypto roundtable. Source:&nbsp;<a data-ct-non-breakable="null" href="https://www.sec.gov/newsroom/meetings-events/know-your-custodian-key-considerations-crypto-custody" rel="null" target="null" text="null" title="https://www.sec.gov/newsroom/meetings-events/know-your-custodian-key-considerations-crypto-custody">SEC</a></figcaption></figure>Some critics of US President Donald Trump see Atkins&rsquo; nomination to lead the SEC as a nod to the crypto industry, acting on campaign promises to remove Gensler &mdash; the former chair resigned the day Trump took office &mdash; and cut back on regulation. Democratic lawmakers on the Senate Banking Committee <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/senator-elizabeth-warren-paul-atkins-hearing-conflicts-interest-ftx" rel="null" target="null" text="null" title="null">questioned Atkins on his ties</a> to the industry, potentially presenting conflicts of interest in his role regulating crypto.<h2>Circle executive denies claims of seeking US banking license</h2>An executive at major stablecoin issuer Circle denied reports that the company is looking to <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/circle-strategy-officer-denies-interest-in-bank-charter" rel="" target="_self" text="null" title="https://cointelegraph.com/news/circle-strategy-officer-denies-interest-in-bank-charter">obtain a US federal bank charter</a>.In an April 25 X post, Circle&rsquo;s chief strategy officer and head of global policy, Dante Disparte, denied that the company is interested in obtaining a US federal bank charter or acquiring an insured depository institution.Instead, he said that Circle intends to comply with future US regulatory requirements for payment stablecoins, &ldquo;which may require registering for a federal or state trust charter or other nonbank license.&rdquo; He also urged lawmakers to reach regulatory clarity for stablecoins sooner rather than later.<figure><img alt="Circle, United States, Stablecoin" src="https://s3.cointelegraph.com/uploads/2025-04/01966d28-674a-705f-b70c-170bacc579df" title=""><figcaption style="text-align: center;">Source: <a data-ct-non-breakable="null" href="https://x.com/ddisparte/status/1915575975662018749" rel="null" target="null" text="null" title="https://x.com/ddisparte/status/1915575975662018749">Dante Disparte</a></figcaption></figure>The statement followed recent reports that major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, were <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/circle-bit-go-about-to-apply-for-bank-charter-others-may-follow" rel="null" target="null" text="null" title="https://cointelegraph.com/news/circle-bit-go-about-to-apply-for-bank-charter-others-may-follow">considering applying for bank charters</a> or licenses. Other firms cited as seeking such licenses included publicly traded US-based crypto exchange Coinbase and stablecoin issuer Paxos.<template data-name="subscription_form" data-type="defi_newsletter" label="Subscription Form: DeFi Newsletter"></template>

Staying updated on cryptocurrency developments is crucial for investors and enthusiasts alike. Understanding daily trends can help navigate the volatile market and make informed decisions.

<img src="https://s3-images.ctmedia.io/media/article-covers/article-covers-110589-what-happened-in-crypto-today.jpg" alt="Here’s what happened in crypto today" class="type:primaryImage">Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

يتم تداول بيتكوين حاليًا بين 62,200 و63,200 دولار، مما يعكس زيادة طفيفة بنسبة 0.5% خلال الليل، حيث يتوقع المتداولون مستوى دعم محتمل عند 62,000 دولار. تأتي هذه التوطيد وسط انخفاض كبير في عمليات التصفية، مما يشير إلى بيئة سوقية حذرة.

Bitcoin se encuentra actualmente negociándose entre 62,200 y 63,200 dólares, reflejando un ligero aumento del 0.5% durante la noche, mientras los traders anticipan un posible nivel de soporte en 62,000 dólares. Esta consolidación se produce en medio de una reducción significativa en las liquidaciones, lo que indica un entorno de mercado cauteloso.

Bitcoin se négocie actuellement entre 62 200 et 63 200 dollars, enregistrant une légère augmentation de 0,5 % au cours de la nuit, alors que les traders anticipent un niveau de support potentiel à 62 000 dollars. Cette consolidation intervient dans un contexte de réduction significative des liquidations, indiquant un environnement de marché prudent.

Bitcoin is currently trading between $62,200 and $63,200, reflecting a slight increase of 0.5% overnight, as traders anticipate a potential support level at $62,000. This consolidation comes amid a significant reduction in liquidations, indicating a cautious market environment.