Crypto Reg: The Collapse Of TerraUSD Sounds The Alarm

Cryptocom Discovers That Loyalty Programs Are A Two way Street

The 800-pound gorilla in any conversation about crypto regulation this week was the $45 billion detachment and collapse of stablecoin TerraUSD. The G-7 is preparing to ask the International Financial Stability Board (FSB) to push for the creation and adoption of a comprehensive and internationally unified set of cryptocurrency regulations, Reuters reported. Thursday, May 19. … Read more

Today In Crypto: TerraUSD Spent Some Reserves

Cryptocom Discovers That Loyalty Programs Are A Two way Street

Japanese bank Nomura will launch a venture to help institutional clients get more into crypto, non-fungible tokens (NFTs), and decentralized finance, the Financial Times reported on Monday (May 16). Nomura reportedly intends to combine multiple digital asset services under one subsidiary, with a plan to have a staff of 100 by the end of 2023. … Read more

TerraUSD ‘stablecoin’ Removed From List Of Crypto Exchanges | Cryptocurrencies – Tech Tribune France

TerraUSD, the “algorithmic stablecoin” whose collapse caused a multi-billion dollar sell-off in crypto markets, deactivated its blockchain and was delisted from major exchanges, shutting down the project for good. However, the wider impact of the failure of the project appears to have been limited. TerraUSD was once valued at over $40bn (£33bn). Shockwaves swept through … Read more