Welcome back to The Breakdown with me, NLW.

It's a daily podcast on Macro, Bitcoin, and the Big Picture Power Shifts remaking our world.

What's going on, guys? It is Thursday, February 20th, and today we are finally taking a break

from memecoin mania to do a catch-up on some of the continuing crypto activity in Washington, D.C.

Before we get into that, however, if you are enjoying the breakdown, please go subscribe to it,

give it a rating, give it a review, or if you want to dive deeper into the conversation,

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All right, friends. Obviously, the demolition of the meme coin industrial complex has taken center

stage this week. And in all the conversations around how to change things and the changes that

we need, one of the main differences this time around

is that there are actually partners in D.C. in the regulatory apparatus who want to engage with

the industry in setting common sense ground rules. And not only that, ground rules that don't just

prohibit certain types of bad behavior, but officially sanctioned certain types of previously gray

area behavior that could

suck some of the oxygen away from the seedier parts of the industry by creating more space

for interesting experimentation.

So today what we're going to do is catch up on some of the continuing activity from Washington

and the Trump administration as they attempt to usher in what they've called their golden

age of crypto.

Let's begin with Trump himself,

who reiterated his views on crypto at a Miami conference on Wednesday. Trump renewed his commitment to

making America the quote crypto capital of the world. He said, we want to stay at the forefront of

...