Online Edition
Introduction
The main provision of the Executive Orders (EO 13959 by President Trump issued in November 2020, as replaced by EO 14032 by President Biden issued in June 2021) prohibits US persons from engaging in:
Discussion
I. Introduction
TerraUSD, an algorithmic stablecoin, succumbed to a ‘death spiral’ when it de-pegged from its $1 (‘USD’) value. This death spiral sparked a market-wide virtual currency sell-off, wiping out