New algorithmic stablecoins, like TerraClassicUSD (USTC) which de-pegged from the US dollar, would be prohibited for two years under a proposed bill in the United States House of Representatives. Draft Bill would give 2 years to existing stabelcoins for modifications According to a recent draft bill obtained by Bloomberg, the creation or issuance of new […]The post A new proposed bill would ban algo stablecoins for 2 years appeared first on Blockchain, Crypto and Stock News.
