Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock’s BUIDL token as a reserve backing asset. A governance vote, scheduled to wrap up on Dec. 31, 2024, will decide the proposal’s fate. FIP-418: Frax Finance Weighs […]
Source link
CLARITY Act Would Protect Customer Crypto From Exchange Bankruptcies, Senator Says
Key TakeawaysSenator Cynthia Lummis says the CLARITY Act would keep customer crypto separate from a failed company’s bankruptcy estate.The proposal...






