![](https://www.coindesk.com/resizer/WukDicAuxfFsRS_Q0YklCmxCjYs=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/WO7G3GQNEJAZJOMIYPPMOMYKXM.jpg)
The week of the terraUSD (UST) collapse was among the most painful weeks in crypto history – and one we’ll reckon with for a long time. It wrought havoc on the crypto market, resulting in billions of dollars in lost value. And while those in Washington, D.C., rightly debate next steps, a smart, thoughtful conversation around potential regulation is critical.