Powell: Expects "Partial Relaxation" of Cryptocurrency-Related Bank Regulation

BlockBeats News, April 17, Federal Reserve Chair Powell stated that relaxed regulations on cryptocurrency banks are expected to be introduced.

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Key Market Insights for April 17th, how much did you miss out on?

1. On-chain Funds: $64.8M Flows into Unichain; $44M Flows out of Base 2. Largest Price Swings: $STRAX, $AERGO 3. Top News: Federal Reserve Chair Powell Suggests Easing Bank Cryptocurrency Rules

On-Chain Activity

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VVV whale deposits another 100,000 tokens to Coinbase after 19 days, with potential unrealized profit reaching $11.78 million.

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Binance hacker transfers $38 million via Relay cross-chain in 7 hours, KYT mechanism questioned

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Binance SAFU wallet transferred out 7,500 BTC half an hour ago, possibly to replenish reserves for affected assets.

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Galaxy Digital OTC transferred 47,000 HYPE, worth approximately $4.06 million, to OKX 4 hours ago.

24H Important News

2026-11-01

THORChain Co-Founder Responds to FBI Interception Request: Node Operators Can Cooperate with Investigations Without Subpoenas

Trump has publicly claimed to have a good relationship with Kim Jong Un, and if the Binance theft is confirmed to involve North Korea, the US side will communicate.

THORChain Halts Services Due to Ethereum Reorganization, Unexpectedly Disrupts Binance Hacker's Money Laundering Process

VVV whale deposits another 100,000 tokens to Coinbase after 19 days, with potential unrealized profit reaching $11.78 million.

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