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Is Voluntary Regulation the Right Approach to DeFi?

The IRS taxes non-fungible tokens, Europe debates decentralized finance and more.

October 22, 2022
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This episode is sponsored by, Circle and FTX US.

On this edition of the “Weekly Recap,” NLW looks at the state of crypto legal proceedings and global regulatory discussions, including:

  • Hodlonaut wins against Craig Wright in Norway
  • Coinbase, Blockchain Association and others file amicus briefs in Grayscale SEC suit
  • U.K. updates crypto regulation plan
  • EU debates DeFi

(Grayscale is a subsidiary of Digital Currency Group, the parent company of CoinDesk.)

“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. Music behind our sponsors today is “War” by Enoch Yang and “The Life We Had” by Moments. Image credit: We Are/Getty Images, modified by CoinDesk. Join the discussion at