As BTC drops below $49K and Fed Chair Jerome Powell testifies, CoinDesk’s Market Daily is back with the latest news roundup.

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Today's stories:

India’s Largest Bank Joins JPMorgan’s Blockchain Payments Network NY AG’s $850M Probe of Bitfinex, Tether Ends in an $18.5M Settlement

ECB Wants to Be Able to Veto Stablecoins Like Diem in the EU

Hannah Akuiyibo: Nigeria’s Crypto Ban Fuels Mistrust US Healthcare Provider Gets Bitcoin Donations Totaling $800K From Single Benefactor

Bottlepay, a Payments Startup That Lets You Send Bitcoin on Social Media, Raises $15M.