Janet Yellen's Progress in Building U.S.-China Relations
Janet Yellen's visit to China aimed to address China's dominance in the EV market and improve diplomatic relations, but definitive progress remains uncertain.

Janet Yellen's visit to China aimed to address China's dominance in the EV market and improve diplomatic relations, but definitive progress remains uncertain.
In an interview on CNBC on Wednesday, Yellen pointed out that under U.S. law the SEC and the Commodity Futures Trading Commission have tools at their disposal to protect consumers and investors.
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.
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Terra's UST dropped as low as $0.29 and Tether's USDT stablecoin briefly de-pegged from the dollar to hit $0.96 on Wednesday.