Treasury Secretary Janet Yellen faces the first major hurdle of her tenure with the question of how to handle social media-driven security trading.
Powered by WPeMatico
Category: Janet Yellen
Auto Added by WPeMatico
Senator to launch Financial Innovation Caucus to educate lawmakers on crypto
Cynthia Lummis, the first U.S. senator to own Bitcoin, will launch a Financial Innovation Caucus to educate her fellow-senators about Bitcoin and crypto assets.
Powered by WPeMatico
DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K
A handful of DeFi tokens saw strong rallies even as bears continue to pin Bitcoin price below $33,000.
Powered by WPeMatico
Janet Yellen Clarifies Her Stance on Bitcoin — Promises ‘Effective’ Crypto Regulation
Joe Biden’s pick to become the new U.S. Treasury Secretary, Janet Yellen, has clarified her stance on bitcoin and cryptocurrencies. This follows her remarks during a Senate hearing when she said that cryptocurrencies are mostly used for illicit financing. Janet Yellen Clarifies Her Crypto Plans Janet Yellen clarified her position on the regulation of cryptocurrencies […]Powered by WPeMatico
Crypto Crime Fell Sharply to Only 0.3% of All Cryptocurrency Activity in 2020
A study by blockchain analytics firm Chainalysis finds that cryptocurrency-related crime has fallen significantly. The criminal share of all crypto activity fell to just 0.34% in 2020. This contradicts recent statements by U.S. Treasury Secretary nominee Janet Yellen and ECB President Christine Lagarde that cryptocurrencies are mostly used for illicit financing. Crypto Crime Plummeted in […]Powered by WPeMatico
Altcoins rally while Bitcoin bulls are thwarted by resistance at $34K
A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000.
Powered by WPeMatico
Senate committee votes unanimously in favor of Yellen as Treasury Secretary
The Senate Committee on Finance backed Yellen’s nomination in a show of bipartisan support.
Powered by WPeMatico
Treasury Secretary nominee says crypto has potential to improve the financial system
Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.”
Powered by WPeMatico
Janet Yellen Reveals Plans for Bitcoin — Sees Cryptocurrencies Used Mainly for Illicit Financing
Janet Yellen, Joe Biden’s pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use needs to be curtailed. Janet Yellen Reveals Her Plans for Cryptocurrencies In the Senate hearing to consider Janet Yellen’s nomination as Secretary of the Treasury […]Powered by WPeMatico
Bitcoin and altcoins correct after Yellen’s ‘illicit financing’ critique
Janet Yellen’s critical comments about cryptocurrencies put a damper on the wider market just as Ethereum price reached a new all-time high.
Powered by WPeMatico