This episode is sponsored by Nexo.ioChainalysis and FTX US.

On today’s episode, NLW does a global regulatory check-in, focused on:

  • A veto for crypto mining regulation in Paraguay
  • Brazil’s biggest bank exploring decentralized finance with the central bank
  • El Salvador sees more Bitcoin Bond delays
  • South Korea suggests initial coin offering ban has been a failure

“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 “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: Maiquel Jantsch/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.