With bitcoin breaking above $40K, and a look at why crypto is an unlikely workaround for expanded U.S. sanctions against Russia, CoinDesk’s Markets Daily is back with the latest news roundup. 

This episode is sponsored by Kava, Arculus and MELD.com. 

Today's Story... Read the full show notes here.

Featured Story: No, Crypto Won't 'Fix This' for Russia

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MELD is building the first-ever decentralized, non-custodial crypto to fiat lending and borrowing solution that will allow its users to lend and borrow both crypto and fiat currencies seamlessly. Users can stake MELD directly on the MELDapp, which will allow for governance voting for new protocol improvements, insuring the protocol, and earning up to 15% APY in MELD rewards. Start using MELD today at app.meld.com.