In this edition of #CryptoNews of the Week from @OKExInsights, I largely talk about regulators stealing the spotlight amid the current #BTC price discovery:

@ecb's Lagarde on #Bitcoin 's "funny business"
Comptroller on #DeFi and #banks
FinCEN reopening comments

More!

1/ https://twitter.com/OKExInsights/status/1350275184440336390

The president of the @ecb, Christine Lagarde, called for globally coordinated regulation of #Bitcoin 's "funny business" — citing #MoneyLaundering.

She did not elaborate or provide any specific examples.

With which does more #Financial #crime take place?

The United States Comptroller of the Currency, @BrianBrooksOCC, wrote an op-ed for @FinancialTimes and claimed that #DeFi could create "self-driving bank[s]" with the right #regulation in place to grant #Banking charters to #decentralized protocols.

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There was more #BadNews for @Ledger after a @Shopify data theft exposed more of its customers' personal information — leading to threats.

The hardware wallet manufacturer will have its work cut out for it going forward after a massive loss of trust from the #Crypto community. 4/

The Financial Crimes Enforcement Network announced on Thursday that it is reopening the comment period for a controversial rule-making proposal involving #cryptocurrencies and self-custody.

Good thread here for more info:

https://twitter.com/jerrybrito/status/1349720676119277573?s=19

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