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Can the new US crypto law lead to the biggest crypto crash in history? – Report

  • 1 min read
  • Latest
  • The legislation proposed by the House seeks to introduce a two-year ban on creating and issuing algorithmic stablecoins.
  • The latest decision comes in the backdrop of the TerraUSD crash earlier this year in May 2022.

As per the latest development, the House Financial Services Committee on Tuesday proposed legislation that would ban all algorithmic stablecoins operating in the country. The legislation
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