U.S. House Draft Bill to Impose a Two Year Ban on New Algorithmic Stablecoins
21 Sep 2022 2 minute read 1 comment kev_nag
Legislation to regulate stablecoins that’s being drafted in the House would place a two-year ban on coins similar to TerraUSD, the algorithmic stablecoin that collapsed earlier this year. Under the latest version of the bill, it would be illegal to...