Federal Reserve Softens on Crypto, While India’s Supreme Court Says ‘No’ to Regulation

Federal Reserve Chair Jerome Powell embraces a more open regulatory stance on crypto, signaling a shift that could open the doors for banks and stablecoins alike (0:50). India’s Supreme Court refuses to intervene in digital asset regulation, emphasizing the role of lawmakers (2:16). A cunning new scam hits the DeFi space—this time through abandoned project websites (3:16). And crypto exchange OKX steps firmly onto U.S. soil, launching services in 46 states and debuting a powerful new wallet (4:39).

This is your essential update on the forces shaping what’s next in money.

More on stories and articles mentioned or referenced in this episode:

Fed Chair Powell Says Crypto and Banking Rules Will 'Loosen' as Sector Matures, by Murtuza J. Merchant, Benzinga.

https://www.benzinga.com/markets/cryptocurrency/25/04/44850021/fed-chair-powell-says-crypto-and-banking-rules-will-loosen-as-sector-matures

SC says no to making rules on cryptocurrencies: 'Can't lay down the law', by Zakariya Khan, Business Standard.

https://www.business-standard.com/india-news/sc-says-no-to-making-rules-on-cryptocurrencies-can-t-lay-down-the-law-125041600936_1.html

Abandoned DeFi websites used to host crypto wallet drainers, Protos.

https://protos.com/abandoned-defi-websites-used-to-host-crypto-wallet-drainers/

Global crypto exchange OKX pushes into U.S. market with trading and wallet offering, Tanaya Macheel, CNBC.

https://www.cnbc.com/2025/04/16/global-crypto-exchange-okx-pushes-into-us-market-with-trading-wallet-offering.html

The music in this episode was composed by Liborio Conti, and you can find more of his fantastic work at his YouTube page: https://www.youtube.com/liborioconti