HomeAltcoinsRegulators Are Paying Attention to UST

Regulators Are Paying Attention to UST

-



Regulators Are Paying Attention to UST

The introduction of the Libra stablecoin project led to, years later, multiple regulatory approaches and the certainty that sooner or later, governments will have rules in place for how stablecoins can operate. However, all of these efforts have focused on asset-backed stablecoins, not algorithmic stablecoins. The novel structures here might result in new approaches from regulators. The major difference? Libra never launched, and there haven’t been any asset-backed stablecoin collapses the way there was with UST. That difference may lead to regulators placing a higher priority on this issue.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Weekly crypto price analysis: BTC, ETH, XRP, BNB, ADA, and SOL

October 1st weekly crypto price analysis indicates market leaders Bitcoin and Ethereum are currently trading in a consolidation phase, with the latter managing to...

Web3 is the solution to Uber’s problem with hackers

Centralized databases on Web2 are a honeypot for hackers. Decentralizing data on Web3 eliminates a major vulnerability for companies like Uber. Uber is...

California fraud cases highlight the need for a regulatory crackdown on crypto

Recent cases involving crypto fraud serve as a timely reminder to do your own due diligence until regulators take more action. If something...

Last Day For ERGO Voting | Lets Talk Crypto Stuff

GPU Mining CPU MINING ASIC MINING In todays stay stream lets simply speak about no matter you guys are interested in within the crypto area. Flux...

Most Popular

spot_img