Other jurisdictions like the European Union and even the U.K. have taken more stringent approaches to regulating stablecoins, particularly after one such cryptocurrency, terraUSD, rapidly lost parity with the U.S. dollar last year, leading to the collapse of not just the issuer but a string of other prominent players in the crypto world.
Related posts
-
Binance US Confident in Legal Battle Against SEC as Case Moves Forward
Binance US responded to the court’s decision to allow... -
Tether to Drive Digital Asset Education in Turkey
Crypto industry leader, Tether Operations Limited, and technology and... -
Spot Ethereum ETF to drive Ether demand
SCRYPT CEO Norman Wooding told crypto.news several factors point to higher Ethereum prices if the SEC...