This episode is sponsored by Nexo, Abra and FTX US.

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On today’s episode, NLW looks at a proposal moving through Arizona’s Senate to make bitcoin legal tender. He explores:

The specifics of the Arizona proposalThe controversial author of the billA pro-bitcoin battle in the Texas gubernatorial raceIncreasing partisan tension around bitcoin and crypto

See also: Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill 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 “Time” by OBOY. Image credit: Allard Schager/Moment/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.