The Coin Rise
2022-05-22 17:28:53

FCA is keeping the recent stablecoin depegging in mind while drafting crypto regulations

The Financial Conduct Authority or FCA, executive director of markets, Sarah Pritchard, allegedly stated that the regulator would consider recent instability in the crypto markets when establishing regulations for the industry in 2022. Pritchard said the financial authority would “absolutely” take stablecoins like TerraUSD (UST) and Tether (USDT) depegging from the US dollar into account […]The post FCA is keeping the recent stablecoin depegging in mind while drafting crypto regulations appeared first on Blockchain, Crypto and Stock News.

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