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Key Takeaways From Senate Banking Committee Hearing on Stablecoins

CoinDesk's Nikhilesh De discusses the state of crypto regulation following Tuesday's Senate Banking Committee hearing on stablecoins.

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Bitcoin Rally Past $44K Stalls on Low Volume

Bitcoin rallied above $44,000 on low volume before retreating as Russia said it was receptive to a diplomatic solution to tensions on the Ukraine border. OKX Director of Financial Markets Lennix Lai shares insights into crypto trading patterns in China and wider Asia despite thin volumes, the correlation between the markets and Russia-Ukraine tensions and views on NFTs.

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Pakistan’s Crypto Warning; Indian Banks’ Crypto Reluctance

Russia proposes crypto mining hotspots. State Bank of Pakistan’s governor warns crypto risks outweigh benefits. India’s central bank stranglehold leaves banks hesitant over crypto. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Colorado’s Governor Announces the State Will Accept Crypto Payments for Taxes, Joins ETHDenver to Deliver Keynote, Support Blockchain Hackathons

As ETHDenver, one of the largest gatherings of the Ethereum blockchain community gets underway in Denver, Christine Lee sits down with Gov. Jared Polis (D-Colorado) for a wide-ranging discussion about the state’s blockchain initiatives.

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Canadian Civil Liberties Association Exec: Emergencies Act Sets Dangerous Precedent for Canada

Canada invoked the Emergencies Act for the first time since it was passed in 1988 to quell the ongoing trucker protests. Abby Deshman, Director of Criminal Justice for the Canadian Civil Liberties Association, says this "absolutely" sets a dangerous precedent in Canada because the Act gives "extraordinary power to the government ... especially the executive branch." Plus, she discusses the due processes involved in the expansion of money-laundering laws.

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Bitcoin on the Rise Following Partial Pullback of Russian Troops

Bitcoin is rising with global markets following the partial pullback of Russian troops along the Ukraine border. Still, the rally is occurring on low volume. Meanwhile, new economic data shows another sign of runaway inflation. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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El Salvador to Issue $1B Bitcoin Bond Between March 15-20

El Salvador's bitcoin bond is coming. Samson Mow, Chief Strategy Officer at Blockstream, tells "All About Bitcoin" that commitments are mainly coming from bitcoin whales and crypto hedge funds. He provides an update on bond issuers and the official launch date timeline.

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VanEck CEO on Why the Talk About 'Recession' May Begin Later in the Year

VanEck CEO Jan Van Eck shares why we may start talking about the word "recession" later in the year on "All About Bitcoin." He adds that while he continues to buy, the pessimistic view is that "financial markets in general will have trouble digesting [the Federal Reserve's] interest rate hikes." Plus, reaction to the Senate Banking Committee's stablecoin hearing and its impact on the markets.

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Why Canada's Enactment of the Emergencies Act Is 'Very Very Scary'

Canadian Prime Minister Justin Trudeau invoked the Emergencies Act to address the continued protests across the country over COVID-19 measures. The move includes an expansion of money-laundering laws to include crypto transactions, adding that banks can immediately freeze or suspend bank accounts. "The Hash" resident Canadian co-host Jenn Sanasie says the government going after people's funds at this polarizing time is "very, very scary," especially as it hits close to home. The crew dissects this controversial measure on "The Hash."

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BlockFi Will Register Its Lending Product With SEC as Part of $100M Settlement

Crypto lender BlockFi will move forward with registering its high-yield crypto-lending product with the agency as part of its $100 million settlement deal with the U.S. Securities and Exchange Commission (SEC). "How are we actually promoting innovation?" Jenn Sanasie asks, adding that companies receive no protections from the government agency. Plus, "The Hash" team discusses SEC Commissioner Hester Peirce's response.

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