Crypto News this week

WATERCOOLER
#1

Cathie Wood, ARK CEO/CIO: Talks a bit about advising people to hedge into bitcoin.
https://youtu.be/MzPzz24UN3c?t=1837

Also some information came up during the Live stream about the OCC looking into allowing US banking system to do DeFi, public blockchain.

  1. The US is allowing banks to hold stable coins

  2. Are relooking at the ancient rules, that do not allow unbiased and automation.
    Currently you have to have a human at the bank decide…
    They are looking at allowing more secure, unbiased, automatic solutions:
    https://www.ft.com/content/c1caca5b-01f7-41be-85a4-3ecb883f2417
    https://finance.yahoo.com/news/occ-building-crypto-america-saving-212410392.html
    https://decrypt.co/53881/defi-self-driving-banks-occ-brian-brooks

    Brian Brooks, Pro-Crypto OCC Leader, Will Step Down:
    https://cryptobriefing.com/brian-brooks-crypto-friendly-occ-leader-steps-down/

    (NOTE: These solutions are available already, without banks as middlemen)

    OCC recent news:
    https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-2a.pdf
    https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-2.html
    https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-3.html

  3. SEC