+1 Crypto Lender Suspends Withdrawals

What is happening? Vauld froze transactions after  users pulled almost $200 million over the last three weeks

Why is this important? It is on the heels of Voyager Digital suspending transactions, Celsius Network LLC paused transactions, and Crypto hedge fund Three Arrows Capital Ltd has been ordered to liquidate

How will this be important? Regulation, regulation, regulation…. do laws cover how people get access to their assets? Do laws cover custody of the assets?

Wall Street Journal | Peter Thiel-Backed Crypto Lender Vauld Suspends Withdrawals