US congress research agency weighs in on UST crash, notes gaps in regulation

by Aurelia Butler 18 May 2022, 13:00 169 Views

In the report, the CRS described the UST crash as a “run-like” scenario and posited that there are policy issues connected to the risk of such events. According to the CRS, a “run” situation starts when holders are doubtful of the reserves that back the dollar peg of the asset.

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Source: Cryptocurrency - investing.com

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US congress research agency weighs in on UST crash, notes gaps in regulation

Goldman CEO Sees Recession Risk, ‘Extremely Punitive’ Inflation

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