![Crypto Needs Banks More Than Banks Need Them Crypto Needs Banks More Than Banks Need Them](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i7rHUoWjOEMQ/v0/1200x957.jpg)
Crypto Needs Banks More Than Banks Need Them
In this edition of the Bloomberg Crypto newsletter, Yueqi Yang explores the shrinking pathway between crypto and hard cash:
Here are 3 obstacles facing crypto in 2023 as the market looks to move on from the FTX disaster
Insider asked crypto execs about the biggest roadblocks facing the industry this year, including bad regulation and a global recession.
FAMEEX's Customer-First Approach Drives Global Hiring Expansion
FAMEEX's hiring expansion goal to reach 500 employees is expected to result in 50 to 100 new hires by the end of 2023 FAMEEX FAMEEX's hiring expansion goal...
US stocks rise as Powell says inflation is falling, but warns of higher interest rates
"We will likely need to do additional rate increases," Powell said, adding that the disinflation process would take "a significant period of time."
Adam Neumann Says His Apartments Will Make Tenants Want to Plunge Their Own Toilets
(Bloomberg) -- In Adam Neumann’s residential real estate company Flow, he’s hoping that if his residents “feel” like owners — regardless of their actual...
![Don't Call It 'Britcoin': Digital Pound Nothing Like Crypto, Bank of England Official Says Don't Call It 'Britcoin': Digital Pound Nothing Like Crypto, Bank of England Official Says](https://www.coindesk.com/resizer/9qswUS53KNbdRQYZf6LOXy949pU=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4KX3AALG2FBVBENSY7DX36MXMI.jpg)
Don't Call It 'Britcoin': Digital Pound Nothing Like Crypto, Bank of England Official Says
The central bank has made no decision on whether a digital pound would use distributed ledger technology, Deputy Governor Jon Cunliffe said.
![Cloud Mining Firm BitFuFu to Delay SPAC IPO as Appetite for Crypto Stocks Languishes Cloud Mining Firm BitFuFu to Delay SPAC IPO as Appetite for Crypto Stocks Languishes](https://www.coindesk.com/resizer/x9VWyROuWB867B6-1lJUUvMe95s=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/7SBFPB542BH73FOTH6XPW4YHXQ.jpeg)
Cloud Mining Firm BitFuFu to Delay SPAC IPO as Appetite for Crypto Stocks Languishes
The company has now set a deadline of May to complete its listing.
![Democratic Lawmakers Look to Compel Crypto Miners to Disclose Energy and Emissions Data Democratic Lawmakers Look to Compel Crypto Miners to Disclose Energy and Emissions Data](https://www.coindesk.com/resizer/7vijGJL_UZuN6CrcNMEAIpohZ-Y=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/S7EL2FJVEFHXHPFM5XHGXSXQ7A.jpg)
Democratic Lawmakers Look to Compel Crypto Miners to Disclose Energy and Emissions Data
In a letter to the EPA and Department of Energy, the Senate and House members seemed impatient for more data from miners.
![Bitcoin On-Chain Metrics Look Bullish, Bitfinex Report Highlights Bitcoin On-Chain Metrics Look Bullish, Bitfinex Report Highlights](https://www.coindesk.com/resizer/4H9AOJOxvMPKhqUAbqcZj87LGTs=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RPVUMDZOBRFEPCHUIX63ON2QFU.jpg)
Bitcoin On-Chain Metrics Look Bullish, Bitfinex Report Highlights
The supply “in profit,” a measure of market sentiment, has risen 20% since January.
![WazirX Calls Binance Allegations 'False and Misleading,' Plans to Seek Recourse WazirX Calls Binance Allegations 'False and Misleading,' Plans to Seek Recourse](https://www.coindesk.com/resizer/g-83kTNjPERCJssgl3pYfTt8N_8=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DQDMFXOF4FAPDAT3XSGV2JHZ5A.jpg)
WazirX Calls Binance Allegations 'False and Misleading,' Plans to Seek Recourse
Indian cryptocurrency exchange WazirX has said "allegations made by Binance in their blog are false and unsubstantiated," according to a blog post published on Tuesday.
![Ethereum Testnet Processes First ETH Staking Withdrawals Ethereum Testnet Processes First ETH Staking Withdrawals](https://www.coindesk.com/resizer/NM3GJdhG8AULRPizxgyhMj39yZk=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/U23UO522VNDKJM6GP4BHO2G2FM.jpg)
Ethereum Testnet Processes First ETH Staking Withdrawals
The upgrade on the Zhejiang testnet was the first of three dress rehearsals for Ethereum's much anticipated Shanghai hard fork.
![US Judge Rejects Bankman-Fried's Bail Modification Request US Judge Rejects Bankman-Fried's Bail Modification Request](https://www.coindesk.com/resizer/pXdZOCivf0jMmKdh3fskWtKWOJc=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/AWENYJBD5VAS3OEBWCSAR43GDI.jpg)
US Judge Rejects Bankman-Fried's Bail Modification Request
A federal judge rejected a joint request to modify Sam Bankman-Fried's bail conditions to allow him to use certain messaging tools.