LUNA Sinks As Binance Suspends Withdrawals Of Tokens Amid Market Turmoil
Submitted by Anonymous (not verified) on Tue, 05/10/2022 - 11:30LUNA is bearing the brunt of a major turbulence taking shape in the broader crypto market.
LUNA is bearing the brunt of a major turbulence taking shape in the broader crypto market.
The TerraUSD stablecoin (UST) is now valued at close to $0.95 as the asset’s market value continues to decline.



Congressman Tom Emmer (R-MN) has drafted a bill that could give the U.S. SEC limited jurisdiction over certain stablecoins.
The acting chief of the Office of the Comptroller of the Currency has claimed that stablecoins should be given a common standard similar to the way
Afghanistan is currently one of the top 20 countries that have widely adopted cryptocurrencies.
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