On April 24, 2025, the US Federal Reserve withdrew its 2022 guidance discouraging banks from engaging with cryptocurrency activities. This decision is expected to simplify institutional adoption of Bitcoin in the United States. The Federal Reserve stated that this withdrawal aims to align with evolving risks and further support innovation in the banking system.
Michael Saylor, co-founder of Strategy, noted on April 25 that banks are now better positioned to support Bitcoin. Anastasija Plotnikova, CEO of Fideum, believes this ensures crypto assets will be overseen through standard supervisory processes.
The STABLE Act passed the US House Financial Services Committee on April 2 with a 32-17 vote. The GENIUS Act passed the Senate Banking Committee on March 13 by 18-6, aiming to create clear regulatory guidelines for dollar-denominated stablecoins. Bitcoin's current price is around $94,796 USD as of April 26, 2025.