Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is Saturday, September 9th, and that means it's time for the weekly recap.

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slash breakdown pod. Hello, friends, back with round two of the dialogue news analysis show that I've been experimenting

with with Scott Melker on Fridays.

Still doesn't really have a name.

So for you guys, it is just the weekly recap.

But on this show, we're digging deeper into a bunch of things that we've covered this week

on the breakdown as well as some things that we haven't. We talk about Visa StableCoin Settlement Program, the FASB changing the accounting rule, a slew of discussions

around Genesis and DCG, including Genesis suing DCG, a little bit more ETF talk because it's

2023, so what else are we going to talk about? And then the recent CFTC decisions against a set

of DFI protocols. As always, this content is a little bit

more opinionated and analysis versus just what happened. And I think that if I have to sum it up,

what all of these stories sort of look like to me or where their common through line is,

is entering this phase of final cleanup and preparation and transition from everything that was to everything

that will be. You're seeing half of the stories that come out about new tradfi integrations

and institutional programs and infrastructure being built, and then half the programs that are

about legal battles and cleanup from what happened before. To the extent that there is a shift

in feeling among those legal battles, more and more of before. To the extent that there is a shift in feeling

...