The title of Tuesday's U.S. Senate hearing on crypto regulation tells you all you need to know about Washington’s current stance on digital assets: “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets.” Our guest host Santiago Velez, co-founder and R&D division lead at Block Digital, is joined by Jones Day partner Abradat Kamalpour to discuss its recent report on crypto regulation and the unique state, federal, and international challenges. Plus, BUSD recovers its peg, Ethereum shuns OFAC-compliance, and Bitcoin NFTs surpass 100,000. We want to hear from you, so send us your questions, feedback, and suggestions.