Should owning stablecoins prevent you from determining regulations on them? That could be the case if an advisory notice released by the United States Office of Government Ethics becomes a reality.
in drafting regulation “until and unless they divest their interests in [that] stablecoin.” Stablecoins are not an exception — the same goes for any kind of cryptocurrency.
The only exemption will be made for policymakers who hold up to $50,000 in mutual funds that invest broadly in companies that would benefit from crypto and blockchain technology. The reasoning for this exemption is that they “are considered diversified funds.”South Korea and the U.S. have reportedly agreed to share their latest investigation data around Terra, the $40 billion ecosystem crash which is under investigation in both countries.
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