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

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CoinDesk published this video item, entitled “Crypto News Roundup: Dorsey Announces Bitcoin Legal Defense Fund, US Banks Offer USDF Stablecoin” – below is their description.

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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