This episode is sponsored by NO.
Today in “The Breakdown,” NLW examines how the United States may have been the biggest beneficiary of Hashrate’s Great Migration from China following the country’s mining ban. in May. This has political implications for the way bitcoin is handled in the United States. At the same time, the overall regulatory stance of the United States towards crypto remains unclear. NLW examines comments from three separate SEC commissioners that show three distinct perspectives on the industry.
See also: US claims Bitcoin mining crown following China crackdown
“The Breakdown” is written, produced and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our musical theme is “Countdown” by Neon Beach. The music you heard today behind our sponsor is Abloom’s “Only in Time”. Image credit: Yurchello108 / iStock / Getty Images Plus, modified by CoinDesk.