- 📸 Flashy… Nasdaq Inc. wants a taste of crypto. Pending regulatory approval, the corp's getting into the crypto custody biz. Holding institutional investors' coins could be a first step toward launching its own crypto exchange.
- 🤔 Sus… South Korea issued an arrest warrant for Do Kwon, the founder of the failed TerraUSD algo stablecoin ($40B in investor value lost). The 31-year-old tweeted he's not "on the run," but authorities say they can't find him.
- 📜 Official… Speaking of which: US legislators drafted a two-year ban on algo stablecoins like TerraUSD. Nothing's final, but it shows Uncle Sam’s not waiting for another Terra-like collapse to spur regulation.
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