Coinpedia
2022-09-21 07:27:09

Algorithmic Stablecoins Might See A Total Ban For Two Years

The post Algorithmic Stablecoins Might See A Total Ban For Two Years appeared first on Coinpedia Fintech News A new draft bill is under the way, proposing a complete two-year ban on algorithmic stablecoins like the TerraUSD. Next week, the House Financial Services Committee will be deciding the future of the bill, to regulate stablecoins, by voting. The regulators have been keeping a close watch on collateralized stablecoins ever since the TerraUSD stablecoin …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.