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Weekly Focus: Fed leaves interest rates unchanged, while Chairman Powell says equity markets are a bit frothy Paxos becomes third federally regulated crypto bank (& raises $300 million) Wyoming DAO law to go into effect in July DOJ announces arrest of Bitcoin Fog founder who allegedly laundered $335M in crypto Turkey bans cryptocurrency payments, sets up central custodian South Korea set to tax crypto trading gains U.S. Developments Bipartisan crypto bill passes House of Representatives Last week, the U.S. House of Representatives passed H.R. 1602, titled Eliminate Barriers to Innovation Act of 2021.   The bill was first introduced back in March by Representatives Patrick McHenry (R-N.C.) of the

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