BREAKDOWN: How the Sanctions Hearing Helped Democratic Senators Understand Crypto

A panel of experts explained that crypto was doing more to undermine Putin than help him.

This episode is sponsored by Nexo.io, Arculus and FTX US

On this edition of the “Weekly Recap,” NLW discusses a set of regulatory discussions happening around crypto this week, including:

A letter from eight congressmen asking the SEC for clarity around its crypto enforcement practices.Thursday’s crypto sanctions hearing. New legislation from Sen. Elizabeth Warren that would give the Treasury sweeping powers around crypto. 

 

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don’t Know How To Explain It” by Aaron Sprinkle. Image credit: Tom Williams-Pool/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. 

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