BREAKDOWN: The State of Crypto in 3 Themes
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 26 July 2022
⏱️ 18 minutes
🧾️ Download transcript
Summary
NLW looks at the latest in crypto regulations, institutional involvement and building activity.
This episode is sponsored by Nexo.io, Chainalysis and FTX US.
On today’s episode, NLW looks at a slate of news from the crypto industry, organized around three big-picture themes:
- Regulatory – including the latest from the SEC, CFTC and Treasury Department
- Institutional involvement – including a Barclays investment in a crypto custodian
- Builder activity – including a new non-token Web3 project from Tether and Bitfinex
-
Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io.
-
Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases. For more information, visit www.chainalysis.com.
-
FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.
-
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Malte Mueller/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The CFTC seems to be looking over at the SEC, seeing what they're doing, and saying to themselves, maybe instead of waiting around for Congress, we're just going to claim our territory like the SEC is clearly trying to do as well. |
| 0:11.5 | In either case, as an outside observer, it's pretty clear that Congress needs to get its whatever together and make a decision about how this is going to be regulated. |
| 0:20.2 | I don't think an ever-escalating |
| 0:21.6 | interagency turf war is the right way to approach an extremely important new growth industry |
| 0:26.3 | for anyone at all, basically. Welcome back to The Breakdown with me, NLW. It's a daily podcast on |
| 0:35.6 | macro, Bitcoin, and the big picture power shifts remaking our world. |
| 0:39.6 | The breakdown is sponsored by nexo.io, chain aliasis, and FtX, and produced and distributed by CoinDesk. |
| 0:47.5 | What's going on, guys? It is Tuesday, July 26th, and today we are discussing the state of crypto via three themes. Before we get into that, |
| 0:56.2 | however, if you are enjoying the breakdown, please go subscribe to it, give it a rating, give it a review, |
| 1:00.7 | or if you want to dig deeper into the conversation, come join us on the Breakers Discord. |
| 1:05.5 | You can find a link in the show notes or go to bit.orgly slash breakdown pod. |
| 1:09.6 | Also, a disclosure, as always, in addition to them being a sponsor of the show, I also work with |
| 1:14.0 | FTX. |
| 1:15.3 | So today, we are doing a big survey of what's going on in this crypto space. |
| 1:20.6 | As you guys know, I'm still catching up a little bit from everything that happened last week, |
| 1:24.4 | and this week shows no signs of slowing down. |
| 1:27.4 | And interestingly, |
| 1:28.4 | I notice that there are sort of three sub-themes that one can organize the news into. |
| 1:33.6 | The first is around the regulatory sphere or related to the relationship between crypto and |
| 1:38.9 | governments. The second theme is around institutions. Now, to read crypto-Twitter, the institutional narrative of |
| 1:46.1 | this industry is completely dead. Moribund, for the old cycle, no longer relevant. But I'm not |
| 1:52.9 | sure that that's the case. Although what emerges as the new type of institutional engagement |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.