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Onramp Money released an update stating that Pi Network integration is still ongoing amid reports of failed transactions on the wallet. They confirmed that the formal launch has been slated for August 2025. Onramp Money Stresses Patience as Pi Network Integration Continues In a recent X post, Onramp Money acknowledged it has received multiple inquiries
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The post SEC’s Atkins Signals Change in Crypto Policies, Says Agency Can Act Alone appeared first on Coinpedia Fintech News
At his first public event as SEC chairman, Paul Atkins made it clear he’s backing crypto innovation. Speaking at a crypto roundtable on Friday, Atkins promised to push for securities policies that better support crypto assets. He said the SEC plans to revisit rules for crypto brokers and custody, and acknowledged that the agency can move ahead with changes even while waiting for Congress to act.
SEC Chair Paul Atkins said on Friday that the crypto industry’s growth has been held back for years and it’s clear that big changes are needed.
Just four days into his new role, SEC Chair Paul Atkins pointed out that the market itself is showing signs that the current rules are way overdue for an update. He said he plans to work with other commissioners, staff, and the industry to find solutions. The roundtable focused on the problems companies face when trying to safely hold crypto assets for customers while following the law.
Also read: Crypto Outlook Brightens Under SEC Chair Paul Atkins: Regulatory Clarity Soon?
With Congress still working on crypto rules, Atkins told the audience at SEC headquarters that the agency will aim to create a “rational, fit-for-purpose” framework for the industry. Atkins suggested the agency might take some action while waiting for new laws to be passed.
He said, “It’s always good to have Congress’ input, and if there’s a statute to back up what we’re doing, I think that’s all the better. But we have ample room to maneuver under existing rules and laws.”
The Chairman showed excitement about blockchain’s future, saying it could bring big improvements in efficiency, lower costs, more transparency, and better risk management.
Atkins also praised Commissioner Hester Peirce, often called “crypto mom,” for her strong and consistent support of smart crypto policies in the U.S. He said Peirce is the right person to help create clear and fair rules for crypto markets.
The half-day event at the SEC’s Washington, D.C. headquarters was a significant moment for Atkins. It took place just weeks after the SEC officially ended its years-long lawsuit against Ripple.
The session brought together crypto leaders, regulators, and legal experts to focus mainly on one key topic: how digital assets are securely stored and protected, also known as custody.
Also read: XRP, ADA and Altcoins Rally As New SEC Chair Paul Atkins Promises ‘Principled Approach’
Crypto custody has been a tricky issue at the agency. Under Gensler’s leadership, the SEC pushed for a rule that would require investment advisers to store their clients’ digital assets only with approved custodians. Gensler made it clear that the goal was to block most existing crypto platforms from acting as custodians. However, the plan has been put on hold.
The crypto industry played a key role in helping Donald Trump win the presidential election in November. After a rocky four years under Joe Biden, the industry backed Trump’s campaign with funding and also supported congressional candidates who were seen as allies to its goals.
The post SEC’s Atkins Signals Change in Crypto Policies, Says Agency Can Act Alone appeared first on Coinpedia Fintech News
At his first public event as SEC chairman, Paul Atkins made it clear he’s backing crypto innovation. Speaking at a crypto roundtable on Friday, Atkins promised to push for securities policies that better support crypto assets. He said the SEC plans to revisit rules for crypto brokers and custody, and acknowledged that the agency can …
United States President Donald Trump is not giving up on his plans to make nations like China accept the terms of his reciprocal tariffs, which he unveiled last week. Countries have started announcing counter-tariffs, exacerbating the long-drawn trade war that has continued to affect the crypto market.
As President Donald Trump revealed and broadcasted on X, the US will levy an additional 50% tariff on China if the Asian giant fails to lift its 34% counter tariff. After Trump’s reciprocal announcement on April 2, China responded with a 34% level.
This move was unacceptable to President Donald Trump, who said China has already imposed a record-setting tariff. The US President’s ultimatum to China was April 8, and if the nation fails to comply, it will respond in kind with 50% of the import charges.
In his post on Truth Media, the US President noted that his administration will continue to negotiate with other countries that have reached out. However, he said all negotiations with China would be halted immediately if China’s levy on US imports were not lifted.
Mexico, Canada, Japan, and the European Union are among the nations looking for a renewed deal with the US.
As seen in the crypto market over the past few weeks, the sentiment around the trade war has sparked concerns about nascent asset classes. As reported earlier by CoinGape, Bitcoin crashed to $74,00 on concerns that more tariffs and economic instability are in view.
The same bearish outlook is seen for all the altcoins, from XRP to Solana and Cardano. Beyond this outlook, the current trend suggests no aspect of the market is safe, with intense volatility still at play.
Considering the nature of stock market losses, the industry is now very sensitive to fake news. Earlier, BTC’s price rebounded to $80,000 on a fake update that President Donald Trump had suspended the tariff implementation for 90 days. If the countries do not reverse the trend, more fluctuations may come.
At the time of writing, the price of Bitcoin has pared off some of its losses and was trading at $78,961.40, down by 1.6% in 24 hours. Within this period, the coin has moved between two price extremes, including a low of $74,436 and a high of $81,119.06.
Altcoins are also also staging a comeback with Ethereum trading for $1,556.42 atop a 7.01% decline. XRP, Dogecoin and Solana are also down by 6.04%, 5.11% and 3.31% as of writing.
Market experts like Arthur Hayes have predicted Bitcoin dominance to hit 70% with the market likely to stage a rebound. If achieved, altcoins may also stage a sustained rebound moving forward.
The post Donald Trump Threatens Additional 50% Tariff on China, How Will Crypto Market React? appeared first on CoinGape.
The Ethereum ETFs have recorded a historic week, with their best weekly inflows since their launch last year. This comes in the same week that the ETH price has shown a resurgence, rallying over 17% and reaching the $3,000 level in the process. Ethereum ETFs Experience Historic Inflows Based on information provided by SoSoValue, investor
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