Powell Says No Crypto Ban as ‘Uptober’ Kicks Off


This episode is sponsored by NYDIG.

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On today’s episode, NLW discusses the market mood shift as September becomes October, and looks at:

  • Jerome Powell’s comments on crypto bans before Congress
  • El Salvador’s volcano bitcoin mining
  • Mayor Suarez’s MiamiCoin
  • A Helium initiative to fix the digital divide

See also: Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation

“The Breakdown” 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 “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Only in Time” by Abloom. Image credit: Alex Wong/Getty Images News, modified by CoinDesk.