After running the biggest crypto exchange in the world, Binance’s Changpeng Zhao (CZ), who has recently been free from the guilty charges of money laundering after paying a $50 million fine. CZ has stepped into a new role of advising the government and asking “govt to take a more relaxed approach towards crypto.”
Let’s find out why!
CZ’s Message to Governments
Changpeng Zhao (CZ) has been working closely with government officials across Asia to shape the future of blockchain and digital assets.
During his recent visit to Kuala Lumpur, Malaysia, CZ spoke at the Ritz-Carlton, where he shared how countries like those in the Middle East have been successful in their crypto policies.
“I always encourage governments to take a more relaxed approach.” He explained that when governments don’t over-regulate, businesses and technology can grow freely and thrive.
Middle Eastern Countries Leading the Way
CZ pointed out that Dubai is a great example of how a crypto-friendly approach can benefit a country. He shared that it only took him 24 hours to get a golden visa in Dubai. He further mentioned that Binance received a full operating license in Dubai in 2024.
This shows that when a country supports crypto, it can help businesses grow and create opportunities.
U.S Softening Stance Towards Crypto
CZ pointed out that the global attitude towards crypto is changing. He mentioned that since Donald Trump became president, the U.S. government has become more supportive of crypto.
These changes are encouraging other countries to take a similar approach, making it easier for crypto businesses to grow and succeed around the world.
John Deaton, a prominent crypto lawyer, has outlined a five-point plan for regulation by lawmakers in the United States. In his latest post on X, he calls for urgent action to establish clear rules that will support innovation, protect users, and bring stability to the crypto sector.
John Deaton on the Five Crypto Regulation Priorities
Deaton’s first recommendation is to pass a law on stablecoins. He believes this can increase demand for U.S. Treasuries and reduce the cost and delay in sending money across borders. This, he noted, will help the United States play a stronger role in global trade.
John Deaton wants the US. Congress should clearly define which tokens are securities and which are commodities. This will help decide whether the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC) should regulate them. Without such clarity, regulators may continue to clash over control, and projects may face confusion.
He also raised the need for crypto exchange regulation. Deaton wants strict rules to ensure customer funds are not mixed with company funds. He suggests that exchanges hold full reserves visible on the blockchain. This way, they can avoid high-risk activities like offering large amounts for lending or using customer funds elsewhere.
In addition, Deaton suggests easing the tax burden. He proposes removing the capital gains tax on small crypto payments and allowing people to pay federal taxes in cryptocurrency without facing more taxes.
Lastly, he urges Congress to revise or remove the Accredited Investor Rule. John Deaton believes the rule locks out too many people from early investment opportunities. He warns that lawmakers must act before the 2026 midterm elections to avoid delays caused by political changes.
Stablecoin Laws May Arrive Very Soon
It is important to add that Deaton’s views support ongoing developments in Congress. A bill known as the GENIUS Act is already being discussed.
It suggests that the Federal Reserve would manage large banks issuing stablecoins, while state bodies would handle smaller groups.
According to recent reports, the global market for stablecoins now exceeds $234 billion, raising hopes that new U.S. laws will soon follow.
As mentioned earlier by President Donald Trump, lawmakers are likely to fasttrack the stablecoin regulation. The current timeline is slated for Q2 this year.
SEC’s Shifting Position on Oversight
The SEC, which once took a hard line on crypto regulation, is now adjusting its stance
CoinGape noted earlier that the era of counterproductive oversight may be ending, as U.S. SEC and CFTC leaders have agreed to work together moving forward.
Historically, the SEC treated most tokens as securities, focusing on enforcement, while the CFTC took a softer approach to the markets. Recent laws like FIT21 aim to give the CFTC more control over decentralized assets.
With both regulatory oversight looking to create more cohesive plans to work, and the new leadership of Paul Atkins, the industry hopes to overcome challenges, reduce uncertainty, and foster greater clarity in crypto regulation.
SOL Strategies agreed with ATW Partners to issue a convertible note of up to $500M.
The capital will exclusively be used for purchasing Solana coins, and staked to offer regular yields.
Solana price will heavily benefit from the deal, especially after the recent bullish breakout.
SOL Strategies Inc. (CSE: HODL), an investment company focused on the development and growth of the Solana (SOL) ecosystem, has announced the largest deal geared towards acquiring more SOL coins. On Wednesday, April 23, during the mid-North American trading session, SOL Strategies announced that it had inked an agreement with ATW Partners to issue a convertible note of up to $500M.
According to the announcement, SOL Strategies will issue the notes in an aggregate amount of $20 million as its first initial closing. The first tranche of the deal will close by May 1, 2025.
The agreement will offer an additional capacity of up to $480 million. The acquired SOLs will be staked and the yield generated shared among the investors.
“This is the largest financing facility of its kind in the Solana ecosystem and the first ever directly tied to staking yield. By securing up to half a billion dollars in strategic capital, we are doubling down on our conviction in Solana and our commitment to being the leading institutional staking platform. Every dollar deployed is immediately yield-generating, and accretive to both our balance sheet and our validator business. This structure is not only innovative, it is highly scalable,” Leah Wald, Chief Executive Officer of SOL Strategies, noted.
Impact on Solana Price
The convertible notes will play a crucial role in the long-term growth prospects for the Solana network. Furthermore, its success will attract more institutional investors, and bolster SOL’s bullish sentiment ahead.
From a technical analysis standpoint, SOL price has successfully rebounded following the 42 percent rally in the past two weeks. In the daily timeframe, the SOL price has been forming a megaphone structure, with the next target above $300.
Moreover, the daily MACD and Relative Strength Index (RSI) indicators have already flashed bullish sentiment.
The post Mega Bullish: SOL Strategies Announces $500M to Buy More Solana appeared first on Coinpedia Fintech News
SOL Strategies agreed with ATW Partners to issue a convertible note of up to $500M. The capital will exclusively be used for purchasing Solana coins, and staked to offer regular yields. Solana price will heavily benefit from the deal, especially after the recent bullish breakout. SOL Strategies Inc. (CSE: HODL), an investment company focused on …
Bitcoin is showing early signs of a possible comeback in demand, according to recent on-chain analytics. Over the past week, the Bitcoin market has risen by nearly 8%, giving investors hope that a bullish trend could be starting. But while some are getting excited, analysts like Teddy are warning people not to get too hopeful just yet.
Here’s a closer look at what the data really shows.
A Closer Look at Bitcoin Apparent Demand
The Bitcoin Apparent Demand chart, based on a 30-day total, is starting to show signs of recovery from the negative zone.
Source: CryptoQuant
Apparent Demand is a useful metric for measuring how much overall interest there is in Bitcoin. It compares how much new Bitcoin is being created through mining with changes in how much Bitcoin is being held for long periods.
When apparent demand is positive, it means more Bitcoin is being taken out of circulation—often stored long-term—than is being created by mining. This can reduce the available supply, which could push prices higher.
Right now, the apparent demand seems to be climbing back toward positive levels. If this trend continues, it might lead to a bullish rally in the near future.
What Happened in 2021: Lessons from the Last BTC Cycle
Some analysts say this pattern looks familiar. In 2021, a similar trend appeared where demand remained weak for months even though prices stayed stable. It took a long period of market consolidation before a true recovery happened.
This could mean the recent bounce is just temporary relief—not a sign of strong recovery or growing long-term interest yet.
Teddy’s Take: Market Tests, Not Cheers
Teddy, a well-known crypto analyst, agrees that Bitcoin demand has improved. He points out that some buyers have returned to the market.
“Apparent demand recovering” – let’s entertain the thought. Sure, metrics hint at some return of optimistic buyers.
But here’s the question: What happens when the next macro grenade drops? Another tariff headline, a rate shock, or geopolitical twist – & poof, confidence… pic.twitter.com/7jlfUAleft
However, he also shares concerns. He believes that major macroeconomic events—like rising interest rates, new tariffs, or global tensions—could quickly reverse the current optimism.
Trump’s New Economic Policy
US President Donald Trump has recently launched a tough tariff policy that’s affecting nearly every major type of investment, including cryptocurrencies.
Although the Trump administration gave a short 90-day pause on tariffs for countries that haven’t responded with their own, the President made it clear that he plans to fully move forward with the policy. He also dismissed rumors suggesting he might back down.
This raises a big question for Bitcoin investors: will those who’ve held Bitcoin for the long haul stay calm, or will they panic and sell if another major economic shock hits? Teddy believes the crypto market is one that rewards patience, not quick optimism.
Bitcoin started this year at $93,623.09. Just before Trump’s inauguration, it reached an all-time high of $109,595.64, growing by over 9.54% in January.
Bitcoin Price Analysis Source: Trading View
But things took a turn in February, when the market dropped by 17.5%, bringing the total decline since February to more than 16.15%. March was slightly better, with the market falling by just 2.19%.
At the beginning of April, Bitcoin was priced at $82,541.66. It briefly fell to $74,517 on April 7 but has since made a strong comeback. Since April 9, it has risen by more than 12.49%. In the past 24 hours alone, prices have gone up by 1.4%.
Hope is in the air, but so is uncertainty—and in crypto, that’s just another Tuesday.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Bitcoin Price Jumps 8%: Has the Trend Reversed or Is This a False Rally? appeared first on Coinpedia Fintech News
Bitcoin is showing early signs of a possible comeback in demand, according to recent on-chain analytics. Over the past week, the Bitcoin market has risen by nearly 8%, giving investors hope that a bullish trend could be starting. But while some are getting excited, analysts like Teddy are warning people not to get too hopeful …
