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Caitlin Long on US Regulatory Crackdown, Fed Trying to Control USD Access Points

Avanti Bank founder and CEO Caitlin Long tweeted Monday the U.S. regulatory crackdown has begun, and it would impact intermediaries and U.S. dollar access points, but this is not new.

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ICICI Blocks Crypto Transfers, Korea Banks to Report Crypto Crime

India’s ICICI bank blocks international crypto transfers. Korea says banks must report crypto-related money laundering. Fears over plagiarism hit the NFT world. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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State of Bitcoin Mining in China as Crackdown Continues

Kevin Zhang, Foundry VP of Business Development, explains the history of China’s crackdowns on cryptocurrencies and mining operations from 2017 to where we are now. “The most recent crackdowns are the hardest we’ve ever seen,” Zhang said miners are headed to Eastern European and Central Asia. But could they return?

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Polychain Leads $21M Round for Retail-Oriented Decentralized Exchange

Clipper, a new decentralized exchange (DEX) from crypto firm Shipyard that aims to attract retail traders with low trading fees, closed a $21 million funding round Tuesday led by digital asset investment fund Polychain Capital.

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Why June’s Consumer Price Index Could Be Good News for Bitcoin

A key U.S. inflation report released Tuesday indicates consumer prices increased 5.4% in June from a year earlier at its biggest monthly gain since August 2008. “The Hash” hosts discuss bitcoin as a potential hedge against inflation.

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Lightning Network Could Help Bitcoin Scale Up

Some say the Lighting Network, a “layer 2” solution that exponentially cuts down the time and fees to send bitcoin, is the most important project for the most crucial asset in the blockchain space. “The Hash” panel shines the limelight on Lightning, discussing how the network could change the way investors think about bitcoin.

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Binance Is Firmly in the Regulatory Crosshairs

"The Hash" hosts discuss why Binance is the most critical centralized crypto platform to keep an eye on, with enforcement actions against the exchange hinting at what other platforms should expect. "Whatever happens to Binance through the midst of this, it's going to signal how regulators around the world are approaching crypto," host Christine Kim said.

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UK Cops Seize Nearly $250M in Crypto Tied to Money Laundering

British police announced Tuesday they seized almost $250 million in crypto amid ongoing investigations into international money laundering. “The Hash” team discusses the potentially false narrative of crypto’s role in illicit activity. “Of all the transaction volume that cryptocurrencies have, only roughly 2% is used for criminal activity,” host Christine Kim said.

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Korea Crypto Law Applies to Binance, Samsung Next Invests in Nifty’s

The head of Korea’s Financial Services Commission (FSC) says crypto laws apply to Binance. Samsung Next invests in Nifty’s, and in a new series, Forkast News will examine how NFTs could revolutionize the music business. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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UK Binance Users Locked Out From Faster Payments System

In a letter to its U.K. customers, Binance said Monday that any pound sterling withdrawals or transactions on the platform via the Faster Payments network would not be processed. CoinDesk’s Nikhilesh De weighs in on what this means for Binance and its users.

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