Industry stakeholders and government officials used the DC Blockchain Summit to mull ways to leverage the power of digital asset technology without risking consumer privacy and unnaturally disrupting financial markets–something which seems to be easier said than done, according to some key officials.

Banking lobbyists came out in force recently, urging caution regarding the potential creation of a central bank digital currency (CBDC). The impetus for the warning is a research and analysis report, and subsequent call for public comment, from the Federal Reserve weighing the costs and benefits of introducing a government-backed cryptocurrency in the U.S.

Blockchain startups taking in venture capital enjoyed their seventh consecutive positive quarter. So reports Finbold.

TerraUSD, a planned stablecoin pegged to the U.S. dollar, fell as low as $0.26 amid a chaotic market last week. So reports CNBC.