Monday, May 16, 2022

China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities

An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article, the author names the interest rate hikes by the U.S. Federal Reserve and the […] The post China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities first appeared on PR Business News Wire.
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