THE HASH: Bitcoin Tumbles 11% This Week; A Payments Giant Dives Deeper Into CBDCs

The most valuable crypto stories for Friday, August 18, 2023.

“The Hash” team discusses the top crypto stories of the day, including bitcoin (BTC) falling over 10% this week. Bloomberg reports securities regulators are poised to approve ether (ETH) futures ETFs for trading in the U.S. A group lost a lawsuit funded by Coinbase that sought to argue the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash. And, Mastercard has created a forum where crypto industry players can discuss and collaborate on central bank digital currencies (CBDCs).

See also:

Crypto Traders Suffer $1B in Liquidations in Sharp Sell-Off for Bitcoin, Ether

Ether Futures ETFs Are Poised for U.S. Approval, Bloomberg Reports

Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury’s Authority

Mastercard Deepens Tie to CBDCs as Nations Mull Issuing Digital Currencies

This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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