This episode is sponsored by NYDIG.
Today on The Breakdown, NLW covers reports from Messari’s mainnet conference that the Securities and Exchange Commission delivered a subpoena to one of the speakers right before a panel discussion. He discusses:
- The growing tensions between securities regulators and crypto loan and interest rate programs
- Why Coinbase has stepped back from its battle with the SEC over its upcoming Lend product
- The non-news from today’s Gary Gensler webinar
- OFAC’s first sanctions against a crypto exchange.
See also: Gensler from the SEC calls stablecoins “poker chips” in the Wild West Crypto Casino
“The Breakdown” was written, produced and presented by NLW, with editing by Rob Mitchell and additional production support from Eleanor Pahl. Adam B. Levine is our executive producer and our theme song is Countdown from Neon Beach. The music you heard behind our sponsor today is “Only in Time” by Abloom. Photo credit: Lyubchik Prokopchuk / iStock / Getty Images Plus, modified by CoinDesk.