The $2.85B Binance hackers lost shows why the UK needs stablecoin freeze rules
Summary
The recent Binance hack demonstrates the effectiveness of freezing stablecoins during security incidents. Following this event, the United Kingdom should establish clear freeze regulations as a mandatory requirement for listing digital assets.
The Binance hack proved stablecoin freezes work. Now the UK should make clear freeze rules a condition of listing coins.
Source: Read the full story at Cointelegraph.com News
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