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Janet Yellen
FTX Downfall Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report
In the aftermath of crypto exchange FTX's fall from grace, U.S. Treasury Secretary Janet Yellen said the industry needs "very careful regulation," Bloomberg reported Saturday. "The Hash" hosts discuss Yellen's reported remarks and the implications for crypto regulation.
FTX Collapse Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report
The U.S. Treasury Secretary said the crypto sector is in need of "very careful regulation" while some lawmakers are already preparing to propose tougher rules.
Yellen Stresses Importance of Regulatory Framework for Digital Assets; Tether Cuts Commercial Paper Holdings to Zero
U.S. Treasury Secretary Janet Yellen reiterated the importance of building a regulatory framework for digital assets. Stablecoin issuer Tether reduced its commercial paper holdings to zero and replaced them with U.S. Treasury bills. Bankrupt crypto lender Voyager Digital's executives have included sweeping legal immunity for themselves in the proposed agreement for their assets to be sold to FTX.US for $1.4 billion.
Janet Yellen Stresses Need for Central Bank Digital Currency Work
The U.S. Treasury Secretary also reiterated the need for regulation in light of the recent turmoil in the crypto industry.
Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’
The Treasury Secretary stressed job growth during a press conference after the release of 2Q GDP data.
US Treasury Opens Door for Public Comments on Biden’s Crypto Order
The U.S. agency will accept comment letters by Aug. 8 on the president’s March order to establish a regulatory regime for crypto.
US Treasury Secretary Talks Crypto With Bank Chiefs
While Secretary Janet Yellen prepared to meet with Wall Street banking CEOs, an official from the Treasury Department said the crypto market turmoil shows a need for regulations.
Treasury Secretary Yellen Advises Against Bitcoin for Retirement Savings
Treasury Secretary Janet Yellen is warning against using bitcoin as a retirement savings vehicle, characterizing it as a “very risky” move. “The Hash” team discusses their take on investing in crypto for a future nest egg.
How the US Can Establish Itself as a Crypto Leader
Regulators have an opportunity to map out thoughtful, strategic policy on stablecoins and beyond.