According to The White House, new policy updates regarding cryptocurrency regulations were announced on April 24, 2025, via their official Twitter account and accompanying press release. The update details stricter Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements for exchanges operating in the United States, as well as new taxation guidelines for digital assets. These regulatory changes are expected to impact trading volumes and compliance costs for US-based crypto traders and institutional investors (source: The White House, April 24, 2025).