Do Quan and the Stable Coins of This Hall

The White House decided to get numerous reports and take a six month snapshot of what's happening in cryptocurrency. They're like well this is a problem with stable coins more specifically the algorithmically back stable coins now last year the treasury did a report on stable coins they talked about introducing legislation but they didn't touch anything about the algo back stable coins so it seems now they're finally sort of saying that might include a two year ban or moratorium on any algorithmically backstable coins. The latest F.S.A.K. report shows that there is in fact evidence to to to and they walk through a case study of what happened with Terra Luna.