The US Congressional Research Service Speaks About the UST Disaster, Pointing Out Regulatory Shortcomings

According to local news outlet Newspim, Yun Chang-Hyun, a delegate from the governing People Power Party of South Korea, has requested a parliamentary session on TerraUSD (UST) following the unexpected crash of the stablecoin in the week left behind. In a plenary meeting of the National Assembly’s Political Affairs Committee, Chang-Hyun said that “we should bring related exchange officials, including CEO Do Kwon of Terra, which has become a recent