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Paul Grewal, Chief Legal Officer (CLO) of Coinbase (COIN), stated via X that U.S. lawmakers cannot support the CLARITY Act for market structure while also opposing compensation for customers in the form of interest payments. He argued that they must choose one or the other, adding that it is now time to make that choice.

The PACE Act has been introduced in the U.S. Congress to allow fintech and cryptocurrency firms direct access to Federal Reserve payment services, Crypto-in-America host Eleanor Terrett reported on X. The legislation aims to lower consumer fees by enabling companies with a license from the U.S. Office of the Comptroller of the Currency (OCC) to provide direct payment services without going through complex banking steps. The bill also specifies that the Federal Reserve Board of Governors would directly exercise the authority to approve these accounts.

An anonymous whale address starting with 0x3487 withdrew 35,000 ETH ($80.7 million) from Binance over the past two hours, depositing the funds into crypto custody firm BitGo (BTGO), Lookonchain reported. Withdrawals from exchanges are typically interpreted as a move to hold.

Federal Reserve Chairman nominee Kevin Warsh stated that the current trend in inflation is very favorable.

U.S. Federal Reserve Chairman nominee Kevin Warsh said he does not believe tariffs are the cause of higher-than-expected inflation.

Kevin Warsh, a candidate for U.S. Federal Reserve Chairman, stated that President Donald Trump has never asked him to pre-commit on interest rate decisions and that he would not agree to such a demand. When asked if he would be a puppet for the president, Warsh firmly denied the suggestion, adding that he does not know why President Trump chose him.

Coinbase has announced the listing of SIGN.

Developers behind the AI DAO AI16Z, which later rebranded to ElizaOS, are facing a class-action lawsuit for alleged false advertising and market manipulation, the crypto-focused law firm Burwick Law announced on its official X account. The plaintiffs allege that the developers misappropriated the brand of renowned venture capital firm Andreessen Horowitz (a16z) to create a fictitious image of an AI technology startup. The suit, filed in the Southern District of New York (SDNY), further claims that the project was promoted as operating an AI agent with its own investment funds, while in reality, it was managed manually.

Pakistan has not yet received an official response from Iran on whether it will send a delegation to the second round of peace talks with the U.S. in Islamabad, Information Minister Ataullah Tarar said on April 21. He stated that it is crucial for Iran to decide to join the talks before the two-week ceasefire period ends, adding that Pakistan has been actively working to persuade the Iranian leadership.

A 25-year-old suspect has been arrested in France following an armed home invasion targeting a cryptocurrency investor, Cointelegraph reported. The incident, which occurred on April 11, involved the suspect posing as a delivery person. He allegedly confined the victim's family to a room and threatened them before one family member subdued him in a struggle. The outlet added that such incidents, known as wrench attacks, are surging in France, with one occurring on average every 2.5 days.

Federal Reserve Chairman nominee Kevin Warsh testified before a Senate committee on April 21, stating he would push for a comprehensive overhaul of policymaking if confirmed. Warsh said the central bank needs fundamental policy reform, emphasizing that mistakes made in responding to inflation during the COVID-19 pandemic necessitate such changes. He described this as requiring a shift in policy execution and a completely new inflation framework. Warsh called for new policy tools and communication methods, specifically mentioning forward guidance, economic projections, and the dot plot. He also argued that the Fed should delay releasing its statements until the time of its meetings, asserting that forecasts can interfere with decision-making.

Federal Reserve Chairman nominee Kevin Warsh has agreed to sell the majority of his financial assets.

Cryptocurrency market trading volume reached $17.9 trillion in the first quarter of this year, a one-third decrease from the previous quarter, EmberCN reported, citing a report from crypto information platform TokenInsight. Derivatives trading accounted for 82% of the total volume. The report also found that Binance, Bitget, and Hyperliquid (HYPE) ranked first, second, and third, respectively, in trading volume share for stock token perpetual futures during the first quarter.

Cryptocurrency mining firm Core Scientific (CORZ) has announced plans for a private offering of $3.3 billion in senior secured notes. The notes, which will be issued through a subsidiary, are set to mature in 2031. Proceeds from the offering will be used to fund a debt service reserve, with the remaining amount to be distributed as a dividend to the parent company, Core Scientific.

Kevin Warsh, a nominee for U.S. Federal Reserve Chairman, said the central bank has overstepped its authority in recent years and pledged that he would not do the same.

A coalition of 39 European financial companies and industry groups, including Nasdaq, has sent a joint letter to European Union authorities urging a swift revision of blockchain-related regulations, Cointelegraph reported. The letter calls for an increase in transaction limits and the removal of licensing restrictions. It also warns that continued legislative delays could result in the EU losing its leadership in the tokenized financial market to the United States.

Block's mobile payment service, Cash App, has launched managed accounts for children between the ages of six and 12. According to Decrypt, the accounts offer 3.25% annual interest but do not allow Bitcoin trading. The company clarified that Bitcoin trading remains exclusive to standard Cash App users.

Investors holding between 100 and 10,000 BTC accumulated approximately 45,000 BTC last week, marking the largest such increase since July of last year, Walter Bloomberg reported, citing data from CEX.io. In addition, long-term holders, defined as addresses holding BTC for over 155 days, have added more than one million BTC over the past three months.

OP Labs, the developer behind Optimism (OP), has launched an enterprise privacy solution called "Privacy Boost," Decrypt reported. The technology combines Zero-Knowledge (ZK) proofs and Trusted Execution Environments (TEE) to enable anonymous transactions while maintaining regulatory compliance.

The three major U.S. stock indices opened higher today. - S&P 500: +0.28% - Nasdaq: +0.27% - Dow Jones: +0.5%

Arkham (ARKM) has launched a new decentralized trading feature, the project announced on X. The update enables users to trade Solana-based tokens at high speeds.

Coinbase announced today that it will list spot CHIP.

Tempo, a blockchain focused on stablecoins and payments, is in discussions with U.S. delivery app DoorDash about providing stablecoin payment services, The Information reported. The company has also launched an advisory group to help corporations and financial institutions adopt stablecoins. This new unit plans to identify use cases and deploy engineers to assist with integrating payment systems.

U.S. SEC Chairman Paul Atkins stated at the Economic Club of Washington that the agency will promote the on-chain migration of markets and provide a framework for the on-chain trading of security tokens. He emphasized that an innovation exemption provision for this purpose will be announced soon.

U.S. President Donald Trump said he would be disappointed if the newly appointed Federal Reserve chair does not lower interest rates.