UK Treasury proposes regulations to protect stablecoin users
Her Majesty's Treasury stated that it recognizes the potential of stablecoins to drive innovation, but noted that they pose a threat to financial stability should systemic failures occur.
Her Majesty's Treasury stated that it recognizes the potential of stablecoins to drive innovation, but noted that they pose a threat to financial stability should systemic failures occur.
As authorities in South Korea investigate Do Kwon and Terraform Labs due to the LUNA/UST implosion, major exchanges like Kraken, FTX, and Binance listed LUNA2 without a second thought.
Day 2 of the BSV Global Blockchain Convention featured a panel that tackled “The Future of Digital Exchanges & Investment” and was moderated by BSV Blockchain Association's Marcin Zarakowski
A recent article detailed the situation surrounding the crash of UST and Terra and described it as a "black swan" event that wiped out over $42 billion of investors' money.
Jesse Powell’s decision to list the new LUNA2 token on his Kraken exchange reeks of hypocrisy and highlights his willingness to apply the word ‘scam’ only to projects that don’t earn him money.
Apart from issuing a subpoena, prosecutors also secured a statement from an employee who stated that some staffs were against the launch of TerraUSD (UST) as even the pilot model failed.
A pseudonymous analyst called "FatMan" has spoken up about the exploit and said that the protocol might collapse as the developers do not appear to be taking any action.
The country's parliament plans to introduce laws that will increase the supervision of digital currency exchanges, as discussed during a two-day National Assembly emergency seminar held this week.
South Korean police have sent notices to digital currency exchanges requesting that they freeze all funds related to Luna Foundation Guard (LFG).
In his recent video, Joshua Henslee talks about how Bitcoin is and always was supposed to be cash, how it should be used, the inefficiency of the current payments system, and the need for Bitcoin.
The G7 inter-governmental political forum is the latest global body to highlight the need for digital currency regulations, imploring the FSB to establish the regulations quickly.
On a special episode of the CoinGeek Weekly Livestream, host Kurt Wuckert Jr. was joined by Gareth Soloway, a veteran trader with over two decades’ worth of experience.