With the price of BTC bouncing off $40K and the Fed in no rush to issue its own token, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.
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This episode is sponsored by Nexo.io.
Today's stories:
Biden's $1.9T Relief Package Proposal Fails to Stir Bitcoin Market
The U.S. dollar's rise on the news may be playing spoilsport to the bitcoin bulls.
Jerome Powell on CBDCs: 'We Don't Feel a Need to Be First'
He estimated it will take “years rather than months” before the Fed releases a CBDC.
FinCEN Extends Comment Period for Crypto Wallet Rule
Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide.
Tether's Bank Says It Invests Customer Funds in Bitcoin
Deltec Bank & Trust announced it had invested customer funds in bitcoin since the cryptocurrency's price was around $9,300.
