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.