WHEN The SEC Comes After Your Stables…



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Slightly Hot Inflation Print Probably Wonโ€™t Change the Fedโ€™s Perspective



On todayโ€™s episode, NLW updates on the Paxos situation. Paxos made a statement that it is willing to fight the Securities and Exchange Commission in court over whether BUSD is a security. The main part of the episode is focused on Januaryโ€™s inflation data, which came in slightly higher than expected. NLW argues itโ€™s not enough for the Federal Reserve to consider shifting course.

Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.

โ€œThe Breakdownโ€ 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 โ€œCountdownโ€ by Neon Beach. Music behind our sponsor today is โ€œFoothill Blvdโ€ by Sam Barsh. Image credit: Ibrahim Akcengiz/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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