This week’s top crypto news is a mixed bag, touching on nearly every hot industry talking point. Investors are seeing insight into U.S. regulation, an uptick in crypto-related arrests and asset seizures, projects recuperating from hacks and more. And to top it all off, one of the biggest conferences in crypto is happening this week.
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As we surpass one year since the initial boom of Dogecoin (DOGE-USD) prices — which set the tone for the speculative crypto investing frenzy, we can see just how much the market has matured since that time. Make no mistake, investors are still looking for the next altcoin to 10X or 100X. However, the market has obviously massively increased its influence on government policy, the traditional stock market and pop culture itself. So without further ado, let’s look at the top stories of the week.
Top Crypto News of the Week
Janet Yellen makes her first official speech on stablecoins
U.S. Treasury secretary Janet Yellen is still only just coming around on digital assets. Indeed, for the last year, she has been a thorn in the side of crypto fans, expected to levy harsh policy on the market. However, she has softened up in recent weeks. On Thursday, Yellen made her first official speech on the topic of stablecoins. The speech certainly exemplified her unease with much of the industry, but she still pushed for “tech neutral” legislation. This take looks to protect investor assets while still…
