The outlook provides a snapshot of the synchronized shock stemming from Russia's attack on Ukraine and the ensuing energy crunch that has inflicted a widespread cost-of-living crisis.

Although disputed transactions represent around 0.06% of Zelle's 5 billion transactions, lawmakers slammed the platform for being unsafe and for refusing to take responsibility when consumers send money to scammers.

Earlier this year, the department told retirement plan sponsors they could face an "investigative program" if they allowed digital currencies in their workplace plans.

The biggest obstacle the Commission faces in proving insider trading is one of its own creation; its failure to provide the market with a clear picture of how the securities laws apply to digital assets will make it harder to prove that the tokens at issue qualify as "securities" under federal law.