RE: U.S. Bill Would Temporarily Ban Algorithmic Stablecoins Like HBD
Keep in mind that this is just a US-specific issue.
So the US regulator bans stablecoins from US-regulated exchanges?
(Unless you live in the US), who gives a shit?
Other countries will see this as an opportunity to double down and garner a competitive advantage.
It's not like the US regulator can shut the networks themselves down.
So all they're doing is locking themselves out of this innovative tech that is changing the face of global finance, while the rest of us progress in reality.
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