US Treasury Secretary Yellen Highlights Crypto Risks, Urges Legislation

1 year ago 39

U.S. Treasury Secretary Janet Yellen, leading the Financial Stability Oversight Council, addressed lawmakers about the risks cryptocurrencies pose to the U.S. financial system and called for regulations. During the presentation to the House Financial Services Committee, Yellen detailed concerns over the potential for market instability driven by the rapid growth and volatility of crypto assets. […]

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