On this week’s Breakdown weekly recap, NLW looks at a cross-section of regulatory news, including:
- CFTC and DOJ action against BitMEX and its leadership
- The U.K. Financial Conduct Authority’s ban of crypto derivative products for retail investors
- The DOJ’s new cryptocurrency enforcement framework
NLW discusses why these might reflect a new moment in crypto history, what it means for current builders in bitcoin and DeFi, and why recruiting corporate allies like Square will become more important than ever.