On this edition of the “Weekly Recap,” NLW covers:

• The latest in Binance’s global regulatory troubles 
• Leaked crypto legislation from Paraguay 
• Capital Group’s big bet on MicroStrategy
• The U.K.’s Financial Conduct Authority slated to spend £11M on an anti-crypto campaign for young people 

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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: naruedom/iStock/Getty Images Plus, modified by CoinDesk.