Reports are that Chris Brummer – author of a volume on crypto assets and frequent speaker on digital currencies – will chair the CFTC.This episode is sponsored by Nexo.io.On this edition of the Weekly Recap, NLW argues that while bitcoin’s price was the short-term story of the week, the medium-term story was all about the transition of power in the U.S. to the new Biden Administration. In it, he discusses what the appointments (reported or confirmed) of Janet Yellen, Gary Gensler, Michael Barr and Chris Brummer suggest about the future of crypto policy. This week on The Breakdown:Monday | Lyn Alden on Why the Dollar System No Longer Serves the US or the WorldTuesday | Goldman Sachs Can No Longer Dismiss BitcoinWednesday | Is Janet Yellen Bitcoin’s Biggest Enemy or Greatest Asset? YesThursday | Why the World’s Largest Asset Manager Is Getting Into BitcoinFriday | This Bitcoin Dip Was Not Caused by FUD-Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.-Image credit: Chip Somodevilla/Getty Images NewsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.