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virtual dollar – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 21 Sep 2022 01:40:08 +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 virtual dollar – DIGIT INFO https://www.digit.info 32 32 Draft US stablecoin bill would ban new algo stablecoins for 2 years https://www.digit.info/draft-us-stablecoin-bill-would-ban-new-algo-stablecoins-for-2-years/ Wed, 21 Sep 2022 01:40:08 +0000 https://www.digit.info/2022/09/21/draft-us-stablecoin-bill-would-ban-new-algo-stablecoins-for-2-years/

It’s reported the bills’ definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price.

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