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Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg

Brainard said the Fed has been “closely monitoring recent events where risks in the system have crystallized and many crypto investors have suffered losses,” according to a copy of the speech. “Strong regulatory guardrails will help enable investors and developers to build a resilient digital native financial infrastructure.” Source

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US Fed Vice Chairwoman Brainard Doesn’t Like What She’s Seeing in Crypto

“We have seen crypto trading platforms and crypto lending firms not only engage in activities similar to those in traditional finance without comparable regulatory compliance, but also combine activities that are required to be separated in traditional financial markets,” she said at the Bank of England event. “For example, some

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