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Wednesday, 21 September 2022

Draft US stablecoin bill would ban new algo stablecoins for 2 years

It’s reported the bills' 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.



from Cointelegraph.com News https://ift.tt/pg3L9IU

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