BREAKDOWN: What We Learned From Congress’ ‘Demystifying Crypto’ Hearing

Anyone who tells you the U.S. government is going to ban crypto is crazy.

This episode is sponsored by NYDIG.

Yesterday’s show was a global regulatory roundup, but today’s is all about the U.S. The Joint Economic Committee held an event this week all about “Demystifying Crypto.” In this episode, NLW looks at:

  • The overall shift in tone in government crypto hearings 
  • The specific questions and topics that JEC members asked
  • The beginnings of a partisan hardening of the crypto discourse 
  • New legislation to undo the problematic provisions of the infrastructure bill 

NYDIG, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Michele Musso & Adrian Blust, 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 “Dark Crazed Cap” by Isaac Joel. Image credit: Bloomberg/Getty Images Plus, modified by CoinDesk.

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