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

The discussion around a United States-issued central bank digital currency is heating up, but not in the way one might expect. Increasingly, U.S. regulators and elected officials are showing signs of skepticism about a CBDC, particularly a retail CBDC.

“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 “Razor Red” by Sam Barsh and “The Life We Had” by Moments. Image credit: imagedepotpro/Getty Images, modified by CoinDesk. Join the discussion at