Adoption
Mastercard to address pent-up demand by offering banks an easy way into crypto
Mastercard's program will assist banks with crypto trading, regulatory compliance, and meeting security requirements.
Samuel Wan 2 min read
North America Crypto News
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Top North America Stories
Adoption
Hoskinson says banks are marketing crypto with their actions after Kanye West, JP Morgan fallout
Cardano founder Charles Hoskinson made the statement in reaction to a picture of Kanye West wearing a cap with a Satoshi Nakamoto inscription after he was de-banked by JPMorgan.
Stablecoins
Tether reduces commercial paper reserves for USDT to zero
Tether said it has cut its commercial paper to zero, and will invest more in U.S. Treasury Bills and short-term government-issued debt.
Latest North America Crypto News & Analysis
Regulation
Fed Vice Chair urges banks to deal cautiously with crypto firms
Michael Barr said that although banks are not directly exposed to crypto market losses, the liquidity risks associated with deposit fluctuations may affect their financial stability.
Analysis
US debt surpasses $31 trillion
Over $11 trillion of the debt was added in the past 10 years alone, with $5 trillion a direct result of the debt spending initiated by the Biden administration.
Regulation
Elizabeth Warren-led US lawmakers demand probe of ERCOT’s support for Bitcoin miners in Texas
Lawmakers argued that ERCOT's support for crypto is irresponsible as miners are paid to offset energy load from the grid at the expense of Texan residents.
Macro
Bitcoin slumps 3% as data reveals hotter than expected CPI print
Bitcoin sinks on news that CPI inflation came in above expectation. The odds of a fourth 75 bps rate hike have increased as a result.
Crypto
CryptoSlate Wrapped Daily: Grayscale taking SEC to court over spot BTC ETF, CoinCenter sues US Treasury for Tornado Cash ban
Arbitrium's Offchain Labs acquires leading Ethereum client, 21Shares launches its spot BTC ETP in Dubai, and much more in this edition of CryptoSlate Wrapped Daily.
Censorship
Coin Center sues US Treasury over Tornado Cash sanctions
Coin Center argued that the Treasury overstepped its legal authority by impeding the privacy rights of many Americans.
