DeFi and the 3 Cs

Imagine thinking that not collecting sensitive data is inherently a bad thing. That canard seemed to be the subtext of two memorable lines in last Sunday’s front-page New York Times story about the regulatory crackdown on cryptocurrency lending. In a passage explaining decentralized finance (DeFi) platforms, the authors note, with a faint whiff of disapproval, that “the sites do not even collect users’ personal information.” You’re reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in…