Cryptocurrencies

UK Regulator Scrutinizes Terra Fallout 

  • Recent instability will need to be taken into account: FCA
  • The watchdog is working with the Treasury to develop new rules
Failed Terra Stablecoin Rescue Costs $2.9B
Lock
This article is for subscribers only.

Sign up for our new Crypto newsletter and follow @crypto Twitter for the latest news.

The UK’s market regulator is paying close attention to the chaos in crypto markets after the implosion of Terra, one of the biggest experiments in decentralized finance.