Cryptocurrency news digest for the night of April 17, 2025

Buyers have finally activated in the digital coins market. This allowed many basic cryptocurrencies to strengthen positions. However, caution must be observed, since the situation in the macroeconomic field remains unstable. And, apparently, it will persist until the moment when the trade confrontation between the United States and China will not be eliminated.

The leadership of the Fed on certain borders of crypto border guards for banks

The head of the Federal Reserve Jerome Powell noted that in the future, for financial institutions, restrictions related to digital coins can weaken. According to the expert, American regulators are ready to maintain innovative solutions in the field of finance, but not to subject ordinary users with increased risks. At the beginning of the year, the Donald Trump administration formed an initiative group that is working on the creation of a regulatory framework for regulating segments of digital assets and stablecoins.

Attackers hacked the page of the British official on social networks

Information appeared that hackers attacked an account in the X deputy of the Parliament of England Lucy Powell. This was done to promote fraudulent token House of Commons Coin. Representatives of the official reported that operational measures were taken to restrict the access of third parties to the account, as well as advertising posts were deleted. In a word, the House of Commons Coin Token did not cause much interest in the community, since at the peak its capitalization did not exceed $ 24,000.

The China government sells confiscated crypto assets

According to Reuters journalists, the PRC leaders implements previously confiscated digital coins through private corporations. A number of lawyers express fears that inconsistency and opacity of the approach to implementation can contribute to the development of various corruption schemes. Currently, China authorities have crypto actures worth about $ 1.4 billion.

Author

Andrey Alexandrov