Janet yellen on crypto currencies

janet yellen on crypto currencies

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Its parity with the dollar doing what it can to address supply chain issues and. She covers tax policy, sanctions call for new regulation.

Copyright The Associated Press.

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Janet Yellen Threatens Crypto Exchanges In New Press Conference
Washington D.C. � U.S. Treasury Secretary Janet Yellen on Wednesday reiterated the importance of building a regulatory framework for digital. Yellen said volatility in the prices of Bitcoin and other cryptocurrencies has prevented widespread usage for payments. She also noted America. Treasury Secretary Janet Yellen declined to comment specifically on the SEC's lawsuits against Binance and Coinbase.
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American University. Treasury will work with the White House to develop reports and recommendations. In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. Yellen stressed that she was not in a position to offer Americans specific advice on how they should or should not invest their money, but she called cryptocurrencies "extremely risky assets, and even dangerous in some ways," and urged people to "be extremely careful about their activities in this space.