ChainCatcher news, the Federal Reserve announced on Thursday the withdrawal of regulatory guidance regarding banks' cryptocurrency assets and dollar token businesses, and simultaneously updated the relevant business expectation standards. This move aims to ensure that regulatory requirements keep pace with the evolution of risks and further support innovation in the banking system.The announcement shows that the Federal Reserve has officially abolished the regulatory letter issued in 2022, which previously required state member banks to report in advance on proposed or existing cryptocurrency asset businesses. After the withdrawal, the Federal Reserve will no longer require banks to fulfill reporting obligations, instead opting to monitor related activities through regular regulatory procedures. Also abolished is the 2023 guidance document regarding the "no objection" procedure for state member banks participating in dollar token businesses.In addition, the Federal Reserve and the Federal Deposit Insurance Corporation jointly decided to withdraw two policy statements regarding banks' cryptocurrency asset businesses and risk exposures, which were jointly issued by federal banking regulators in 2023. The Office of the Comptroller of the Currency had previously withdrawn from that statement. The Federal Reserve stated that it will collaborate with other regulatory agencies in the future to assess whether new guidance frameworks are needed to support innovation, including cryptocurrency asset businesses.

ChainCatcher news, according to Cointelegraph, the "2025 Korea Wealth Report" released by Hana Financial Institute shows that about one-third of high-net-worth individuals in South Korea currently hold cryptocurrencies. The agency pointed out that this trend reflects the increasing maturity of the virtual asset sector.

ChainCatcher news, according to PeckShieldAlert, the attacker address marked in the KiloEx attack incident has returned approximately 5.5 million dollars worth of crypto assets to KiloEx.

ChainCatcher news, according to Reuters, despite China's ban on cryptocurrency trading, local governments are currently selling these digital assets in overseas markets through private companies to supplement fiscal revenue, a practice that has raised regulatory and compliance concerns. In 2023, the amount involved in cryptocurrency-related crimes in China surged to 430.7 billion yuan, with local government confiscation revenue reaching a record 378 billion yuan. Experts suggest that the central government consider centralized management of these assets, possibly emulating the Trump administration's establishment of a cryptocurrency reserve, or setting up a cryptocurrency sovereign fund in Hong Kong.

ChainCatcher news, according to Cryptopolitan, four officers from the Central Crime Branch in Bangalore, India, are being investigated for allegedly tampering with evidence related to crypto assets.These assets are derived from the criminal proceeds of international hacker Srikrishna Ramesh. The Special Investigation Team (SIT) found that the officers illegally accessed his crypto wallet after Sriki's arrest in 2020 and transferred Bitcoin through private network experts.Currently, the investigation is ongoing and may involve broader corruption activities.

ChainCatcher news, according to Cointelegraph, a white hat hacker successfully intercepted approximately $2.6 million in stolen crypto assets from the Morpho Labs decentralized finance (DeFi) protocol.Blockchain security company PeckShield stated that after Morpho Labs performed a front-end update on its Morpho Blue application on April 10, an address was attacked due to a vulnerability triggered by the update. The well-known white hat MEV operator "c0ffeebabe.eth" successfully intercepted the stolen funds through a front-running transaction. The funds have now been transferred to another wallet address.The Morpho Labs team has confirmed that they have rolled back the front-end update, all funds within the protocol are safe and unaffected, and they will release a detailed incident report next week.

ChainCatcher news, according to the official announcement, Grayscale updated its list of "under consideration" and "included in products" for cryptocurrency assets on April 10. This update shows that several emerging blockchain projects such as Babylon, Berachain, Monad, and Movement have been included in the scope of consideration. Grayscale categorizes assets into five major categories: currency, smart contract platforms, finance, consumer and culture, and utility services. The company stated that the asset consideration list will be updated regularly based on the expansion of the crypto ecosystem, but not all assets under consideration will become investment products, and the final products may include assets not on the list.

ChainCatcher news, according to Bloter, Kim Sung-jin, head of the Virtual Assets Division of the Financial Services Commission of South Korea, stated in Congress on April 2 that if domestic cryptocurrency exchanges have sufficient anti-money laundering capabilities, it may be possible to allow foreign investment in domestic cryptocurrency assets in the future. Current laws still prohibit foreign corporations and individuals from participating in such investments.

ChainCatcher news, according to Decrypt, senior investigators from the Iranian Revolutionary Guard Corps (IRGC) intelligence and economic crimes department have been accused of embezzling over $21 million in crypto assets during the investigation of the cryptocurrency exchange Cryptoland.According to court documents reviewed by Iran International TV, two senior officials from the IRGC economic intelligence department, Mehdi Hajipour and Mehdi Badi, are the main architects of the scheme. Blockchain evidence shows that wallets controlled solely by Hajipour processed tokens worth over $21 million.

ChainCatcher news, according to Fortune, SEC Chairman Paul Atkins, nominated by President Trump, holds up to $6 million in crypto-related assets, including $1 million in equity in crypto custody firm Anchorage Digital and tokenization company Securitize.Atkins reported that he has up to $5 million in shares in the crypto investment firm Off the Chain Capital, where he is a limited partner. Off the Chain's investments include private stakes in large crypto companies such as Digital Currency Group (DCG) and Kraken.

ChainCatcher message, according to reports from Wu, monitored by Etherscan, the Infini Team sent an on-chain message to Infini Exploiter 2: 0xfc...6e49, attaching court litigation documents via a link. The specific content is as follows:The plaintiff is Chou Christian-Long, the CEO of BP SG Investment Holding Limited, a Hong Kong registered company wholly owned by Infini Labs. The first defendant is Chen Shanxuan, who works remotely in Foshan, Guangdong, and the identities of the second to fourth defendants are temporarily unconfirmed.The plaintiff, along with BP Singapore, developed a smart contract for managing company and client funds, led by the first defendant. The contract was originally set up with multi-signature permissions to strictly control any fund transfers.When the contract went live on the mainnet, the first defendant allegedly retained "super admin" privileges but falsely claimed to other team members that he had "transferred" or "removed" that privilege.In late February 2025, the plaintiff discovered that approximately 49,516,662.977 USDC worth of crypto assets had been transferred to several unknown wallet addresses (controlled by the second to fourth defendants) without multi-signature approval.Fearing that the defendants or unidentified individuals would further transfer or launder the assets, the plaintiff applied to the court for:A "restraining order" against the first defendant and related unidentified individuals to restrict their transfer or disposal of the stolen assets;An order for the defendants or those actually controlling the relevant wallets to self-disclose their identities;Issuance of various mandatory orders prohibiting the disposal of assets to the first defendant and other unknown wallet holders;A request for the other party to disclose transaction and asset information;Permission for the plaintiff to "serve extraterritorially" (i.e., serve legal documents to foreign defendants) and alternative methods of service.In the body of one affidavit, the plaintiff stated: I recently learned that the first defendant has a serious gambling habit, which may have led him to incur substantial debts. I believe this prompted him to steal the assets involved in the case to alleviate his debts. The plaintiff also submitted screenshots of relevant message records to prove that the first defendant "may be in substantial debt."According to the affidavit, the first defendant borrowed funds from various sources in a relatively short period, even allegedly contacting "underground banks" or so-called "loan sharks," leading to pressure from high interest rates and debt collection calls.Exhibit "CCL-17" mentions that he sought help from others in a chat, stating that he was burdened with "interest from several lenders" and continuously asked if he could borrow more money to get through the difficulties or requested the other party to help introduce new funding sources.Shortly before the incident, the first defendant had revealed in work groups or private conversations with colleagues/friends that his financial situation was "very tight," even expressing anxiety that "if I can't get money again, something will happen."These statements almost coincide with the timing of the unauthorized transfer of the company's crypto assets, thereby reinforcing the plaintiff's judgment regarding the first defendant's "motive": possibly taking risks due to pressure from substantial debt.According to the plaintiff's statement, the first defendant repeatedly avoided or only gave vague answers when asked about personal finances or gambling issues, being unclear about how much debt he actually had or whether he was still gambling.The affidavit states that the first defendant pretended that "there was no big problem" from the end of October until the incident occurred, but the content he discussed in chat software with others was clearly contradictory to this.

ChainCatcher news, according to Decrypt, Gotbit founder Aleksei Andriunin has reached a plea agreement with U.S. authorities to forfeit $23 million in crypto assets related to market manipulation charges. Court documents cited by Law360 show that Andriunin was involved in Gotbit's actions that caused "decentralized market participants" to suffer financial "harm" as they purchased cryptocurrencies at "fraudulently inflated prices." The founder of Gotbit was extradited to the U.S. at the end of February, after being arrested in Portugal four months earlier.The plea agreement could result in Andriunin avoiding prison time and not having to pay additional fines beyond the forfeiture of assets. However, the court retains final discretion over the terms of the sentencing. The total amount of assets subject to civil forfeiture is $23 million, including stablecoins issued by Tether and Circle, held in four wallets "fully controlled" by Andriunin. Court documents indicate that Andriunin will be subject to three years of supervised release, during which he is strictly prohibited from engaging in any crypto activities.Previously, in November last year, it was reported that the U.S. Department of Justice charged Gotbit's CEO with orchestrating a large-scale scheme of false trading.

ChainCatcher news, according to the International News Agency, Russian Deputy Finance Minister Vladimir Kolychev told reporters that the Russian Ministry of Finance does not plan to change the current investment structure of the national welfare fund, particularly it will not include cryptocurrency assets—cryptocurrency assets are too volatile, and the current accumulation level of the national welfare fund does not allow for high-risk investments.Kolychev stated that he has not heard of any discussions in Russia about creating a cryptocurrency strategic reserve similar to the plan of the Trump administration. He said, "This is more of a central bank issue. Honestly, I haven't heard of such discussions." Kolychev added that it is still too early to discuss the possibility of including cryptocurrency assets in the investment structure of the national welfare fund.

ChainCatcher news reports that, according to Ember monitoring, there is just over a day left until the White House cryptocurrency summit scheduled for the early morning of March 8. The DeFi project WLFI, supported by the Trump family, has made another significant purchase of crypto assets. This morning, WLFI added tokens worth a total of $21.5 million, including: $10 million of WBTC (110 coins), $10 million of ETH (4468 coins), and $1.5 million of MOVE (3.42 million coins).As of now, WLFI has spent a total of $336 million to acquire 9 types of tokens: ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO, and SEI. Since most of these assets have been transferred to Coinbase Prime, it is impossible to verify whether they have been sold; however, WLFI has stated that these assets are still held.If all assets have indeed not been sold, WLFI is currently facing an unrealized loss of approximately $88 million. The largest loss percentage is from ENA, which has dropped 63%; while the largest loss amount is from ETH, with a loss of $67.35 million, down 31%.It is worth noting that the upcoming White House crypto summit may become a key turning point for the market, as Trump is expected to announce a Bitcoin reserve strategy at the meeting, which could have a significant impact on the entire crypto market.

ChainCatcher news, according to The Block, Bitwise Chief Investment Officer Matt Hougan stated that the market's reaction to Trump's cryptocurrency reserve plan is "overinterpreted." Despite the flaws in the plan, it is still overall positive news. After Trump announced on Sunday the directive for a task force to advance the U.S. cryptocurrency strategic reserve plan, which includes BTC, ETH, XRP, SOL, and ADA, these assets rose by 10%, 15%, 25%, 30%, and 70% respectively from last week's lows, but subsequently, Bitcoin fell over 10%, and Ethereum plummeted over 15%.In a report sent to clients on Tuesday, Hougan pointed out that the market's cautious stance on the plan is mainly due to the inclusion of cryptocurrencies other than Bitcoin in the reserves, "especially the inclusion of speculative assets like Cardano, which feels more like a political consideration rather than a strategic choice." He emphasized that the market is overlooking three key factors: first, Trump's negotiation style means that the initial proposal will not be the final version; second, this move by the U.S. could trigger a global Bitcoin accumulation race; and finally, once acquired, these cryptocurrencies are likely to be held long-term without being sold.Bitwise CEO Hunter Horsley, Coinbase CEO Brian Armstrong, and Gemini founders the Winklevoss twins share the same view, believing that a pure Bitcoin reserve is the best option. Hougan expects that the Trump administration will ultimately push for some form of reserve plan, "The U.S. government's announcement that cryptocurrencies have 'strategic' significance is positive in itself, and I believe the market will eventually realize this."

ChainCatcher news, according to Cryptonews, the Enforcement Directorate (ED) of India has chosen the cryptocurrency exchange CoinDCX to manage the seized digital assets. As part of the collaboration, CoinDCX will provide a secure custody infrastructure to store and manage the confiscated assets.Indian authorities have intensified their enforcement against cryptocurrency fraud, seizing assets worth nearly $200 million in the GainBitcoin and BitConnect scams.Assistant Director of the Enforcement Directorate, Parneet Kumar, stated that CoinDCX has cooperated during the seizure process, assisting the ED in the investigation and ensuring compliance with all legal requirements.