The UK Proposes New Crypto Rules, The US Endures Bitcoin Mining Costs, and SoFi Makes a Digital Asset Trading Comeback

The UK Proposes Crypto Rules, The US Endures Bitcoin Mining Costs, and SoFi Makes a Digital Asset Trading Comeback. Full crypto update for April 30, 2025.

The UK proposes a new crypto regulation framework (0:40), the US solidifies its position as the world’s capital of bitcoin mining (2:03), but do the economics of bitcoin mining still make sense (3:45)? Plus, after some time away, SoFi makes a bold return to the digital asset space (5:15).

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:

UK Drops an Astounding Crypto Regulation Draft in Parliament, by Anushka Basu, The Street.

https://finance.yahoo.com/news/uk-drops-astounding-crypto-regulation-150222556.html

New Cryptoasset Rules to Drive Growth and Protect Consumers, Press Release from His Majesty’s (HM) Treasury and The Right Honorable Rachel Reeves, Member of Parliament.

https://www.gov.uk/government/news/new-cryptoasset-rules-to-drive-growth-and-protect-consumers

Regulatory Regime for Cryptoassets (Regulated Activities) – Draft SI and Policy Note, HM Treasury (PDF).

https://www.gov.uk/government/publications/regulatory-regime-for-cryptoassets-regulated-activities-draft-si-and-policy-note

US Solidifying Itself as Bitcoin Mining Hub, by Suzanne O'Halloran, Fox Business.

https://www.foxbusiness.com/energy/u-s-solidifying-itself-bitcoin-mining-hub

Bitcoin mining now just totes unprofitable, costing over $137,000 to mine just one BTC in the US and near $200,000 per coin in Germany, by Hope Corrigan, PC Gamer.

https://www.pcgamer.com/hardware/bitcoin-mining-now-just-totes-unprofitable-costing-over-usd137-000-to-mine-just-one-btc-in-the-us-and-near-usd200-000-per-coin-in-germany/

SoFi CEO says fintech bank is bringing back crypto investing, by Hugh Son, CNBC.

https://www.cnbc.com/2025/04/29/sofi-crypto-investing.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