Cryptocurrency Analysis and News Portal
We brought some very interesting speakers to Consensus 2022 earlier this month, and while I believe the plan is to publish the full videos in the near future, I’ve always found it easier to pick information up by reading it than by watching or listening to it. This week, I’m
Read More
President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many economists who have predicted an upcoming recession. In addition, Biden insisted that the U.S. will “overcome this inflation” while Yellen admitted that “inflation is unacceptably high.” Biden: U.S. Recession Isn’t
Read More
While dramatic market swings often push Treasury secretaries to reach out to U.S. financial leaders, Yellen’s meeting with a long list of bank executives had long been scheduled, according to people familiar with the event. Both bankers and the administration have been keen on the subject of cryptocurrency oversight, so
Read More
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress could restrict the type of investments allowed in retirement accounts, including 401(k) plans. Janet Yellen on Investing
Read More
Quick take: US Treasury Secretary Yellen has stated that a Central Bank Digital Currency (CBDC) could diminish the proliferation of stablecoins She also mentioned that both could coexist as stablecoins could offer faster, efficient, and cheaper alternatives to a CBDC by the US Fed US Treasury Secretary Yellen has floated the idea that
Read More
Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should “support responsible innovation while managing risks.” She emphasized, “Regulation should be based on risks and activities, not specific technologies.” Treasury Secretary Yellen on Crypto Regulation U.S. Treasury Secretary Janet Yellen talked about crypto regulation Thursday at American University’s
Read More
Any potential CBDC design would have to address its impact on the financial system, ability to address financial crime and national security questions, privacy implications, ability to address macro policy and how it might interact with existing fiat currencies, stablecoins or other CBDCs, Yellen said. Source
Read More
United States Treasury Secretary Janet Yellen listed stablecoins as one of the major policy concerns in the digital asset space for regulators, currently subject to “inconsistent and fragmented oversight.”Speaking to attendees at American University in Washington, D.C. on Thursday, Yellen said the Treasury Department was working with Congress to advance
Read More
Janet Yellen, the 78th United States Secretary of the Treasury, spoke Friday morning on CNBC’s flagship business and politics show Squawk Box, on an array of topics from the growth of the renewable energy sector amid Russia’s economic isolation, the rising levels of inflation and Federal Reserve responsibility, as well
Read More
U.S. Treasury Secretary Janet Yellen says the Treasury Department is monitoring Russian efforts to evade sanctions using cryptocurrency. Four U.S. senators have written to Yellen raising concerns about Russia using cryptocurrency as a channel to circumvent sanctions. Treasury Secretary Janet Yellen on Monitoring Russian Efforts to Use Cryptocurrency to Evade Sanctions U.S.
Read More