While Terraform Labs is not exactly a bank, it is issuing its own digital cash to make paying for things easier – and it’s about to be backed by bitcoin. This is a big deal for anyone with a vested interest in the Bitcoin system, even if you vehemently reject altcoins (non-bitcoin cryptos; there is another, less flattering term for these).
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...