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.
Miyuki
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.
MiyukiIn 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.
OthersYellen told an event hosted by the New York Times DealBook that it was important to ensure that crypto assets had adequate customer protections.
OthersHer remarks largely echo concerns voiced by banking regulators at two days of congressional hearings.
OthersThe 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.
CoindeskThe head of the U.S. Treasury Department does not recommend that "most people" invest their retirement funds in digital assets.
CointelegraphA head of the Treasury would not recommend investing the retirement money into digital assets “to most people.”
CointelegraphTerra'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.
CointelegraphThe U.S. Treasury secretary highlighted the department’s cryptocurrency monitoring efforts during a hearing of the House Financial Services Committee on Wednesday.
CointelegraphThe U.S. Treasury secretary emphasized the department’s crypto monitoring efforts at a House Financial Services Committee hearing on Wednesday.
Cointelegraph