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Crypto News Summary April 23
Bitcoin led April 23 crypto markets above $75,000 as supply tightened, risk appetite rose, and stablecoin, NFT, payments, and altcoin stories drove flows.
David Sacks Joins White House Tech Council
David Sacks leaves his White House AI and crypto czar role for a broader tech council post, signaling wider policy influence but little immediate crypto impact.
David Sacks Exits Trump Crypto Czar Role
David Sacks' 130-day term as Trump's crypto and AI czar ended Thursday, but he will stay involved through a new White House tech advisory group.
David Sacks Steps Down as White House Crypto Czar
David Sacks steps down as White House crypto czar, shifting AI and crypto policy from a single coordinator to a council model with continuity and durability.
DeFi Is Infrastructure, Blockchain Association Tells SEC
At a House hearing, Blockchain Association's Summer Mersinger urged the SEC to treat DeFi as neutral infrastructure, not intermediaries, and tailor rules for DeFi.
Crypto News Summary March 25
Mar 25 crypto recap: Delaware SB19 moves to bank-style stablecoin oversight, while the CFTC launches an Innovation Task Force for crypto markets and builders.
US Stablecoin Guidance Nears Vote, Ripple Left Out?
Senate begins closed-door review of White House-backed stablecoin guidance; trade groups today, banks Tuesday. Yield ban could reshape US market; Ripple absent.
Stablecoin Bill Talks Near Yield Breakthrough as Tim Scott Eyes This-Week Compromise
Sen. Tim Scott says stablecoin bill negotiators may reach an end‑of‑week compromise on allowing issuers to share yield with users, as crypto prices hold steady.
Vitalik Unveils New Ethereum Foundation Mandate, Clarifying EF’s Direction as Ethereum’s “Unique” Role Evolves
Vitalik Buterin publishes a new Ethereum Foundation mandate, outlining EF's role and limits as Ethereum's unique priorities and roadmap evolve for builders.
DeSantis Signals Florida Stablecoin Framework as Senate Advances Pilot Program
Ron DeSantis backs a Florida stablecoin framework as Senate advances SB 1568 pilot, aiming to bring stablecoins into state operations with compliance in focus.
CFTC’s prediction market rule crackdown lands at White House for review
CFTC sent its prediction-market rule proposal to the White House for OIRA review, signaling tighter oversight of event contracts and election bets in the U.S.
OCC Proposal Targets Stablecoin Yield Rules, Potentially Unblocking CLARITY’s Path Forward
OCC unveils 376-page GENIUS Act proposal restricting yield on payment stablecoins, aiming for enforceable rules that may clear the way for CLARITY in Congress.
Coinbase CEO Brian Armstrong Criticizes UK Plan to Cap Stablecoin Holdings
Coinbase CEO Brian Armstrong blasts UK plans to cap stablecoin holdings, warning limits would stifle payments innovation as BoE seeks to curb systemic risk.
CLARITY Act Approval Odds Slide to 42% on Prediction Markets as Stablecoin Talks Near a Key Vote
Prediction markets cut CLARITY Act approval odds to 42% from 72% as stablecoin language talks near a key vote, signaling rising risk in DC this week.
Eurozone Ministers Set to Debate Euro-Backed Stablecoins to Strengthen the Currency’s Global Role
Eurozone ministers meet Feb. 16 to debate euro-backed stablecoins, aiming to boost the euro's global role and counter dollar stablecoin dominance in payments.