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US
Bank of America Says US CBDC Would Preserve Dollar’s Status as World’s Reserve Currency
CBDC’s are an inevitable evolution of today’s electronic currencies, the bank’s analysts said.

Biden Administration to Release Executive Order on Crypto as Early as February: Report
The directive will ask federal agencies to determine the risks and opportunities posed by digital assets.

Binance Didn't Upgrade Customer Checks, Despite Promises to Regulators: Report
A Reuters investigation found Binance has not been as keen on regulation as it has publicly professed to be.

Bitcoin Mining Difficulty Sets New All-Time High
The measure of bitcoin mining difficulty will likely continue hitting record highs well into 2022.

LIVE BLOG: Congressional Hearing Puts Crypto Energy Use in the Crosshairs
Follow along as CoinDesk reporters provide updates.

Russian Authorities Say They’ve Dismantled REvil Ransomware Group at US Request
The FSB raided 25 residences, seizing approximately $6.8 million in various currencies including cryptocurrencies.

US Congress to Hold Oversight Hearing on Crypto Mining: Report
Lawmakers will look at mining’s effect on the environment.

Newly Minted Bitcoin Miner Gem Mining Reaches Hashrate of 1.25 EH/s
Gem’s mining power now accounts for about 1% of the Bitcoin network’s total.

2021: The Year of Crypto Policy and Regulations
From the U.S. infrastructure bill to multiple Capitol Hill hearings on stablecoins, from Turkey banning crypto transactions to China banning crypto mining to India dabbling with tighter regulation, 2021 was a defining regulatory year for the industry.

Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing
The company has shipped new machines to the U.S. to make up for the lost hashrate.
