U.S. Rep. Bryan Steil to Chair House Subcommittee on Cryptocurrencies

A Wisconsin congressman will lead the House subcommittee on digital assets, financial technology and artificial intelligence. Bryan Steil, a Republican representing the 1st Congressional District in southeastern Wisconsin, was appointed on the docket Thursday. Its subcommittee’s purview includes things like mobile banking and non-fungible tokens, or NFTs. This will also be the first step in…

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Indian Crypto Exchange Mudrex Suspends Withdrawals Amid 200% User Base Growth

Crypto exchange Mudrex announced Sunday that it has temporarily suspended crypto withdrawals, citing compliance concerns and the need to prevent misuse by bad actors. Mudrex, a Bengaluru-based cryptocurrency exchange backed by Y Combinator, Better Capital and Woodstock Fund, has temporarily suspended withdrawals. The founder Alankar Saxena, in an X post on January 12, explained that…

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