Stablecoins On G7 Hit List After Terra Crash Stringent Laws Incoming
Following the sharp decline in
G7 Urges Crypto Regulations in Light of Terra Collapse: Report
Following the sharp decline in stablecoins – particularly the USD Terra (UST) – the G7 stated crypto-assets should follow the same standards as the rest of the
El grupo de naciones G7 ha instado a los reguladores de las principales economías del mundo a agilizar las regulaciones en torno a las monedas digitales. Las declaraciones se producen
Investigating the impact of global stablecoins - Bank for
Terra's Collapse Makes G7 Officials Discuss New Crypto Regulation
Stablecoins on G7 hit list after Terra crash. Stringent laws incoming?
U
The G7 believes that no global stablecoin project should begin operation until the legal, regulatory and oversight challenges and risks outlined above are adequately addressed, through
G7 calls for tougher crypto regulations after stablecoin fiasco
U.S. regulators are using the incident as grounds to push for more stringent rules around stablecoins and their issuers, with Treasury Secretary Janet Yellen announcing
The UST and Terra
The UST and Terra (Luna) collapse strengthens the view that the design of some stablecoins poses serious risks. The crash was the kind of risk in the fast-growing
Terra's Collapse has Triggered Regulatory Scrutiny Across
Largely, they debated the prospects of CBDCs and stablecoins. UST drama might result in new restrictions. Last week, UST pools in Anchor Protocol (ANC) because
The letter comes in the
G7 insta a regular las criptomonedas de cara a la reciente
G7 Pushes for Greater Crypto Regulation, and That Might Be a
The letter comes in the wake of the most recent crash in the crypto market, triggered in part by the de-pegging of the TerraUSD (UST) algorithmic stablecoin on May 8
In the US
In the US, regulators have already seized on the incident to try and push for more stringent rules around stablecoins and the companies that issue them.
Just when crypto -friendly laws began making a debut, Terra crashed and things went a full circle. In a recent statement rolled out by G7, the need to impose stringent
How Terra’s collapse will impact future stablecoin regulations