Did the SEC Really Serve Subpoenas at Mainnet?

This episode is sponsored by NYDIG.

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Today on ‚ÄúThe Breakdown,‚ÄĚ NLW looks at reports from Messari‚Äôs Mainnet conference that the Securities and Exchange Commission served one of the speakers with a subpoena right before a panel. He discusses:

The growing tension between securities regulators and crypto lending and interest programsWhy Coinbase backed down from its fight with the SEC about its upcoming Lend productThe non-news from today’s Gary Gensler webinarOFAC’s first sanctions against a crypto exchange.

See also: SEC‚Äôs Gensler Calls Stablecoins ‚ÄėPoker Chips‚Äô at the Wild West Crypto Casino

‚ÄúThe Breakdown‚ÄĚ is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is ‚ÄúCountdown‚ÄĚ by Neon Beach. The music you heard today behind our sponsor is ‚ÄúOnly in Time‚ÄĚ by Abloom. Image credit: Lyubchik Prokopchuk/iStock/Getty Images Plus, modified by CoinDesk.

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