Terra implosion could shape UK stablecoin regulations

In April the UK chancellor announced plans to recognize stablecoins. Terra’s recent collapse will give regulators food for thought.
In April the UK chancellor announced plans to recognize stablecoins. Terra’s recent collapse will give regulators food for thought.
Speaking at a securities industry event, SEC chairman Gary Gensler also fired off warnings about unregistered securities and the gamification of crypto.
The Panamanian Legislative Assembly has unanimously passed a bill recognizing digital assets as foreign-source income in a 40-0 vote.
The exact terms of the deal have not been disclosed but as of September last year, Ziglu was valued at somewhere in the region of $111 million.
US Treasury Secretary Janet Yellen, in her first speech devoted to the topic of digital assets, has laid out a path to regulate crypto.