This episode is sponsored by NYDIG.
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On right now’s episode, NLW follows up on the burgeoning bitcoin-mayor competitors between New York Metropolis’s Eric Adams and Miami’s Francis Suarez. The present’s important matter is an open letter despatched by Congressional Blockchain Caucus co-chairs Rep. Tom Emmer and Rep. Darren Soto to Securities and Trade Fee Chair Gary Gensler in regards to the latest approvals of bitcoin futures-based exchange-traded funds. They argue it merely doesn’t make sense to approve a futures ETF however not a spot ETF that holds precise bitcoin. Shock, shock, the crypto group agrees.
See additionally: US Lawmakers Name for Bitcoin Spot ETF in Letter to SEC Chair Gensler
“The Breakdown” is written, produced by and options Nathaniel Whittemore aka NLW, with modifying by Rob Mitchell, analysis by Scott Hill and extra manufacturing help by Eleanor Pahl. Adam B. Levine is our govt producer and our theme music is “Countdown” by Neon Seashore. The music you heard right now behind our sponsor is “Darkish Crazed Cap” by Isaac Joel. Picture credit score: Daniel Acker/Bloomberg/Getty Photographs, modified by CoinDesk.