G7 Countries Meet To Discuss Crypto Assets Following Terra Ecosystem’s Collapse
The G7 countries’ meeting is to address how crypto assets can be more regulated to prevent the great loss that many Terra investors suffered in its last week’s crash. The recent collapse of the Terra ecosystem has piqued the interest of regulators all over the world! The G7 finance ministers will meet this week to […]
CFTC commissioner Kristin Johnson to sponsor agency’s Market Risk Advisory Committee
Commissioner Kristin N. Johnson of the Commodity Futures Trading Commission (CFTC) was named the sponsor of the agency’s Market Risk Advisory Committee (MRAC), consisting of 36 financial industry executives and other prominent figures. In September 2021, US President Joe Biden nominated Johnson to be a CFTC commissioner, along with commissioner Christy Goldsmith Romero and acting […]
Terraform Labs’ legal team leaves company, citing concerns for crypto users
Following the unfortunate event with Terraform Labs, the blockchain developer behind Terra (LUNA), three of its legal team members have left the company. The move has sparked up various conversations among crypto users. According to their LinkedIn profiles, terraform Lab’s general lawyer Marc Goldich, Chief litigation and regulatory counsel officer Noah Axler, and chief corporate […]