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Today’s Top Crypto News – Friday 8/5/22

•Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens – CoinDesk “Democrats on the House Financial Services Committee are asking for more information about hiring from digital-assets firms.” •Jobs shocker: U.S. adds 528,000 jobs in July and unemployment falls to pre-pandemic levels – MarketWatch “Red-hot labor market could push Fed to raise interest rates […]

By Matt Montemayor · August 5, 2022
Today’s Top Crypto News – Friday 8/5/22

•Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens – CoinDesk

“Democrats on the House Financial Services Committee are asking for more information about hiring from digital-assets firms.”

•Jobs shocker: U.S. adds 528,000 jobs in July and unemployment falls to pre-pandemic levels – MarketWatch

“Red-hot labor market could push Fed to raise interest rates even more aggressively.”

•The Bank of Thailand to pilot Retail CBDC by the end of 2022 – CoinTelegraph

“The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks.”

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