Fed Chairman Quarles: The Federal Reserve and banking regulators are reviewing cryptocurrency policy "at full speed."

TechCrunch founder and cryptocurrency trader Michael Arrington sells NFT-back units in Kiev, Ukraine, according to Coindesk. In 2017, Michael Arrington bought an apartment in Ukraine through the property platform Propy, which uses Ethereum and smart contracts to settle transactions. This time, Propy is auctioning the same item, but this time it is a property NFT. The auction process will include the transfer of ownership from the seller to the next buyer by signing the NFT legal document. Propy said sellers will be paid in cryptocurrency once the auction ends.