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Congressional Research Service – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 17 May 2022 09:15:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Congressional Research Service – DIGIT INFO https://www.digit.info 32 32 US congress research agency weighs in on UST crash, notes gaps in regulation https://www.digit.info/us-congress-research-agency-weighs-in-on-ust-crash-notes-gaps-in-regulation/ Tue, 17 May 2022 09:15:00 +0000 https://www.digit.info/2022/05/17/us-congress-research-agency-weighs-in-on-ust-crash-notes-gaps-in-regulation/

The CRS described the TerraUSD crash as a “run-like” scenario where holders started to doubt the reserves that back the dollar peg.

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