Stablecoins
OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’
The acting head of the U.S. Office of the Comptroller of the Currency has worked to limit banks’ involvement in cryptocurrencies.
First Mover Asia: Terra's Difficult Post-Collapse Path: VCs Backing Away, Regulators Jumping on Stablecoins
Some investors see salvageable pieces in the rubble while others are bemoaning their involvement and want to forget the protocol ever existed; bitcoin edges up in weekend trading.
Justin Sun Still Thinks Algorithmic Stablecoins Are a Good Idea
The crypto mogul also said LUNA and UST might make good "meme coins," he said on CoinDesk TV’s “First Mover.”
Crypto Should Meet Same Norms as Regular Finance, G7 Says
Finance ministers want to see financial stability and money-laundering standards in effect soon, citing recent market turmoil.
UK Regulator to Consider Terra Coins’ Collapse in New Crypto Rules: Report
Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.
G-7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report
G-7 officials meeting in Germany want the Financial Stability Board to act more quickly, says a Reuters report.
MakerDAO Founder: UST Was a 'Big Ponzi Scheme'
In the aftermath of TerraUSD's (UST) $14 billion collapse, Rune Christensen, founder of MakerDAO, a decentralized credit platform on Ethereum that supports the Dai (DAI) stablecoin, discusses why UST was "basically a big ponzi scheme" and what makes DAI different. Plus, reacting to Terra's revival plan and "community bond."
