Crypto News Roundup: Jack Dorsey Announces Bitcoin Legal Defense Fund, US Banks Offer USDF Stablecoin and More

CoinDesk

Wed, Jan 12, 2022, 4:28 PM

Block CEO Jack Dorsey is proposing the Bitcoin Legal Defense Fund to defend developers from lawsuits about their activities in the Bitcoin ecosystem. A group of U.S. banks to offer its own stablecoin "USDF" in a move to tackle concerns regarding reserves behind nonbank-issued equivalents. Investors are suing Kim Kardashian and Floyd Mayweather over an alleged EthereumMax scam. CoinDesk's Galen Moore weighs in on the top crypto headlines.

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Crypto News Roundup: Jack Dorsey Announces Bitcoin Legal Defense Fund, US Banks Offer USDF Stablecoin and More

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