Weekly Roundup 01/07/22 (Kazakhstan mining stutters, Chainalysis 2022 illicit volume report, Washington is interested in PoW) (EP.274)

Matt and Nic return for more news and deals of the week. In this episode:  Everything is selling off Is the US losing its status as global reserve? We announce our policy miniseries Sen. Lummis will reportedly propose a crypto bill Opensea raising $300m at a $13b valuation Illicit activity in 2021 was only 0.15% of total crypto volume The Boston Fed CBDC pilot program rumbles on Kazakhstan turns off the internet, and dims Bitcoin hashrate by 12% NY State reproposes their bill to ban mining in the state The National Credit Union Administration looks to ratify usage of crypto for its members The House Energy and Commerce committee will hold a hearing on PoW A group of environmentalist organizations sends a letter regarding PoW to congress Content mentioned:  National Credit Union Administration, Relationships with Third Parties that Provide Services Related to Digital Assets Letter to Congress from environmentalist groups regarding PoW   Sponsor notes: Corporations and institutions can allocate cash into Circle Yield to gain crypto lending exposure and earn superior returns compared to traditional markets. It's secured, overcollateralized and built on the leading dollar digital currency. Visit circle.com/yield to book a meeting