With the price of BTC bouncing off $40K and the Fed in no rush to issue its own token, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

Add Markets Daily to your Alexa Flash Briefing here.

This episode is sponsored by Nexo.io.

Today's stories:

Biden's $1.9T Relief Package Proposal Fails to Stir Bitcoin Market 

The U.S. dollar's rise on the news maybe be playing spoilsport to the bitcoin bulls.

Jerome Powell on CBDCs: 'We Don't Feel a Need to Be First' 

He estimated it will take “years rather than months” before the Fed releases a CBDC.

FinCEN Extends Comment Period for Crypto Wallet Rule 

Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide.

Tether's Bank Says It Invests Customer Funds in Bitcoin 

Deltec Bank & Trust announced it had invested customer funds in bitcoin since the cryptocurrency's price was around $9,300.

Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.