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Blockworks
2021-06-24 21:00:36

Algorithmic Stablecoin Developer Sam Kazemian Calls for Caution on Regulation

Algorithmic Stablecoin Developer Sam Kazemian Calls for Caution on Regulation

Iron Finance forked stablecoin FRAX’s code, but removed safeguards, leading to its collapse. Kazemian doesn’t agree that more regulation is necessarily the answer, and rejects the idea that this was similar to a bank run.The post Algorithmic Stablecoin Developer Sam Kazemian Calls for Caution on Regulation appeared first on Blockworks.

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