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Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto Regulation

Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto RegulationU.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds and is now “playing a significant role” in the investment decisions of lots of Americans, Yellen said, adding that the Treasury Department is working on regulatory recommendations for healthy innovation. Treasury Secretary Yellen Sees Benefits […]

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Treasury Secretary Yellen Says US Does Not Have Framework ‘up to the Task’ of Regulating Cryptocurrencies

Treasury Secretary Yellen Says US Does Not Have Framework ‘up to the Task’ of Regulating CryptocurrenciesU.S. Treasury Secretary Janet Yellen says that the U.S. does not have an “adequate framework” to deal with all the different issues posed by cryptocurrencies, such as money laundering and illicit financing. According to her, there is no framework that’s “quite up to the task of putting in place a regulatory framework that we need” […]

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