
New US bill seeks to ban UST-like algorithmic stablecoins for 2 years
The bill has undergone several amendments, and the latest would protect Americans from a Terra-like collapse by banning "endogenously collateralized" tokens.
The bill has undergone several amendments, and the latest would protect Americans from a Terra-like collapse by banning "endogenously collateralized" tokens.
Facebook has faced an uphill task bringing regulators onboard with its Diem payment system, even after pouring millions into lobbying and rebranding efforts.
Rep. Maxine Waters, said the incoming government should ‘rescind or monitor’ recent cryptocurrency guidance outlined by the department.
Maxine Waters is not yet impressed with Libra’s ability to improve the world.
Congress is afraid of Facebook’s attempt to corrupt America’s money, while the Bitcoin world sees it as a stepping stone to greater BSV adoption.