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UK Regulator to Consider Terra Coins’ Collapse in New Crypto Rules: Report

Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.

Updated May 11, 2023, 3:35 p.m. Published May 20, 2022, 9:06 a.m.
The U.K.'s financial regulator will consider Terra when it puts together new crypto regulations. (Ramberg/Getty Images)
The U.K.'s financial regulator will consider Terra when it puts together new crypto regulations. (Ramberg/Getty Images)