Is the Decentralization in DeFi an ‘Illusion’?

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nydig.com/nlw/?utm_source=coindesk&utm_medium=podcast&utm_campaign=nlw"> <em><span style= "font-weight: 400;">NYDIG</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p><span style="font-weight: 400;">Today’s episode of “The Breakdown” is a grab bag of news stories from the past several days. NLW covers:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The Bank for International Settlements report “DeFi Risk and the Decentralization Illusion” </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Regulatory updates from the Biden administration, Japan, the U.K. and India</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Institutions leading the selling last week </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">OpenSea appears headed for IPO </span></li> </ul> <p><a href= "https://nydig.com/nlw/?utm_source=coindesk&utm_medium=podcast&utm_campaign=nlw"> <strong><em>NYDIG</em></strong></a><em><span style= "font-weight: 400;">, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at</span></em> <a href= "https://nydig.com/nlw/?utm_source=coindesk&utm_medium=podcast&utm_campaign=nlw"> <em><span style= "font-weight: 400;">NYDIG.com/NLW</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <div data-pm-slice="1 1 []" data-en-clipboard="true">Enjoying this content?</div> <div> </div> <div>SUBSCRIBE to the Podcast</div> <div>Apple:  <a href= "https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb" rev= "en_rl_none">https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb</a></div> <div>Spotify: <a href= "https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ" rev=