09-21-2022, 08:27 AM
Draft US stablecoin bill would ban new algo stablecoins for 2 years
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvYzAzNjAzY2UtZTYxMy00NjBiLWI4NjgtZWU4ZmY0NjNiZmRlLmpwZw==.jpg"></p><p>It’s reported the bill’s definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price.</p>
https://cointelegraph.com/news/draft-us-...or-2-years
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvYzAzNjAzY2UtZTYxMy00NjBiLWI4NjgtZWU4ZmY0NjNiZmRlLmpwZw==.jpg"></p><p>It’s reported the bill’s definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price.</p>
https://cointelegraph.com/news/draft-us-...or-2-years