Reports are that Chris Brummer – author of a volume on crypto assets and frequent speaker on digital currencies – will chair the CFTC.

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On this edition of the Weekly Recap, NLW argues that while bitcoin’s price was the short-term story of the week, the medium-term story was all about the transition of power in the U.S. to the new Biden Administration. In it, he discusses what the appointments (reported or confirmed) of Janet Yellen, Gary Gensler, Michael Barr and Chris Brummer suggest about the future of crypto policy.

This week on The Breakdown:

Monday | Lyn Alden on Why the Dollar System No Longer Serves the US or the World

Tuesday | Goldman Sachs Can No Longer Dismiss Bitcoin

Wednesday | Is Janet Yellen Bitcoin’s Biggest Enemy or Greatest Asset? Yes

Thursday | Why the World’s Largest Asset Manager Is Getting Into Bitcoin

Friday | This Bitcoin Dip Was Not Caused by FUD

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