Fed Withdraws Crypto Reporting Requirements for Banks
Fed Withdraws Crypto Reporting Requirements for Banks
🏦 Fed Goes Crypto-Friendly
The Federal Reserve has eliminated mandatory crypto activity reporting for banks, marking a significant shift in its digital asset stance. This change could reduce compliance burdens for financial institutions.
Key Updates:
- CME Group launching XRP futures on May 19
- Bitcoin reserves on exchanges at lowest since 2018
- Coinbase-PayPal partnership deepens for PYUSD
- Alabama drops Coinbase staking case
- Bitcoin surges 8% to $94,600
Regulatory developments continue as SEC Chair Paul Atkins prepares for his first crypto-focused public remarks on April 25.
✅ SEIF FlashBriefs vol.2 are here🚩 (before Daily Round-Up ) 🧵1/9 On April 24, 2025, the U.S. Federal Reserve withdrew its requirement for banks to report crypto‐related activity—an about‐face that underscores the Fed’s evolving stance on digital assets and may ease compliance
🕛👀Daily Round-Up: Your 24-Hour News Recap ⬇️ Welcome to our new occasional updates from SEIF FINANCE, where we break down the most important global and economic developments whenever something noteworthy happens. Stay in the loop on all the twists and turns shaking the markets
SEIF FlashBriefs Vol.3: Market Updates & Institutional Moves
Bitcoin maintains strength at $109K after reaching ATH of $111,900. GameStop acquired 4,710 BTC ($513M) and plans to raise $1.75B for more purchases. BlackRock's Bitcoin ETF hit record $70B AUM in 341 days. Key developments: - US Senate passed GENIUS Act for stablecoin regulation - Nasdaq expanding crypto index to include XRP, SOL, ADA, XLM - Ethereum Pectra upgrade scheduled for March 2025 - Cetus DEX suffered $223M exploit, 71% recovered - Binance integrates Apple/Google Pay via Worldpay DePIN emerges as 2025 trend with projects like Bittensor, Filecoin leading utility-focused blockchain infrastructure.
Trump to Sign Multiple Executive Orders
President Trump is scheduled to sign multiple Executive Orders on Tuesday at 3:30 PM ET. While specific details remain undisclosed, these orders typically focus on: - Economy - Immigration - National security Executive Orders enable swift administrative action by bypassing traditional congressional procedures. This announcement follows previous executive actions from February 2025. *Updates will be provided after the official signing ceremony.*
SEIF FINANCE Discord Migration to SEIF ACADEMY
SEIF FINANCE announces the permanent shutdown of their current Discord server on February 13, 20:00 UTC. All community activities will transition to SEIF ACADEMY, their new official Discord server. Key Updates: - SEIF ACADEMY becomes the main hub for notifications and platform updates - NFT holders receive free Gold Member status - Gold Membership includes access to 15 private channels and trading signals - Regular Gold tier pricing: $54.99/month, $549/year, or $1,499 lifetime **Action Required**: Join SEIF ACADEMY before the old Discord deletion at [discord.gg/mrZG8qG2WA](https://discord.gg/mrZG8qG2WA)
SEIF FINANCE Featured in Slovak Magazine, Highlighting EU Compliance
SEIF FINANCE has been featured in a prominent Slovak publication, showcasing its emergence in the European market. The platform emphasizes: - Full compliance with EU regulations while maintaining decentralization principles - Self-custodial wallet integration for enhanced user control - Transparent and secure investment infrastructure The platform aims to bridge traditional finance with Web3 capabilities, focusing on user security and regulatory alignment. This coverage marks a significant step in SEIF FINANCE's European market presence.