The $2.85B Binance hackers lost shows why the UK needs stablecoin freeze rules
Summary
The massive financial loss from the Binance hack demonstrates that stablecoins can be successfully frozen. Following this event, the United Kingdom should establish clear freezing regulations as a mandatory requirement for listing digital currencies.
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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