Crypto News Roundup for Oct. 15, 2021

With bitcoin breaking above $60K and a look at the growing scrutiny of stablecoins from U.S. regulators, CoinDesk’s Markets Daily is back with the latest news roundup.

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ABOUT

This episode is sponsored by Kavahttps://www.kava.io/marketsdaily?utm_campaign=Ad%20Affiliates&utm_source=markets_daily&utm_medium=banner_ad&utm_term=home, Nexo.io and Market Intel by Chainalysis.

Today’s Stories:

Market Wrap: Ether Outperforms Bitcoin as Traders Look to Altcoins

European stocks rise as strong earnings balance stagflation concerns

Stock Futures Rise to End Choppy Week, Ahead of More Earnings

U.S. banks see wealth management boom on borrowing, new assets

As yields rise, some U.S. banks shift cash to Treasuries

4.3 Million Workers Are Missing. Where Did They Go?

U.S. Retail Sales Jump as Delta Shifts Spending Back to Goods

BIT Mining’s Subsidiary BTC.com to Exit Mainland China

Bank of England Says Crypto Has Grown to Twice the Size of Subprime Debt in 2008

Bank of Japan Seeks ‘Plain, Easy-to-Cook’ CBDC Model

MSCI Warns of ‘Creeping’ Crypto Exposure in Equity Markets

US-led Multilateral Ransomware Meeting Calls for Enhanced Powers Over Crypto

Coinbase Jumps After Sign-Up Numbers for NFT Marketplace Revealed

Strike Users in US Can Now Get Paid in Bitcoin

Second Biggest Mortgage Provider in US Stops Accepting Crypto Payments

Decentraland Books Deadmau5, Paris Hilton and More for Metaverse Music Festival

Featured Story: US Wants to Regulate Stablecoins First

This episode was edited & produced by Adrian Blust.

HOSTS

Adrian Blust

Associate Producer for CoinDesk, Adrian 'Doc' Blust, is an experienced Composer, Musician/DJ, fintech nerd, and Educator, with practice both in the field and in the studio. He currently is dedicated to the editing & production of the Markets Daily Crypto News Roundups with Adam B. Levine, focused on quick news feeds to help people get up to speed with the fast pace of crypto every morning. He also offers support in the production of other shows on CoinDesk’s diverse Podcast Network.

He holds BTC, ETH, and ADA above CoinDesk's disclosure threshold of $1,000.

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.