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Canadian Authorities Warn Crypto Exchanges Against Promoting Self-Custodial Wallets

Coinbase CEO Brian Armstong and Kraken CEO Jesse Powell tweeted to the public about the difference between self-custody wallets and custody wallets. Shortly after, the Ontario Securities Commission file these tweets with the Canadian police because it believed the crypto executives were offering advice on how to evade the sanctions on funds. “The Hash” discusses how bitcoin’s initial ambition of being a currency independent of government oversight is manifesting itself in the Canadian trucker protests.