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US Treasury Department Won’t Go After Miners, and BlockFi Settles With the SEC

It has been a busy few days for crypto in Washington, D.C.

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This episode is sponsored by Nexo, Arculus, and FTX US.

Today on “The Breakdown,” NLW covers a set of news from the past few days, including:

  • U.S. Treasury Dept. sends a letter to six concerned senators, saying it won’t be including miners and validators in the agency’s definition of a broker
  • BlockFi settles with the SEC
  • YouTube and OnlyFans get deeper into crypto and NFTs
  • Crypto and geopolitics from New Hampshire, El Salvador and Europe

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Vision” by OBOY. Image credit: Khaichuin Sim/Moment/Getty Images, modified by CoinDesk. Join the discussion at