Bitcoin News / Bitcoin.com - 1 year ago
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put in place after the 2008 financial crisis were aimed...
Cryptocoins News / The Cointelegraph - 1 year ago
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. United Sta...
Cryptocoins News / The Cointelegraph - 1 year ago
On the sidelines of the G20 meeting, U.S. Treasury Secretary Janet Yellen said the country is not pushing for an outright banning of crypto activities. United States T...
Bitcoin News / Bitcoin.com - 1 year ago
Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “...
Bitcoin News / Bitcoin.com - 1 year ago
Treasury Secretary Janet Yellen has warned that financial stability risks could materialize in the U.S. Noting that “Inflation remains too high, and we are contending with serious global headwinds,” she stressed that the Treasury is ̶...
Bitcoin News / Bitcoinist - 1 year ago
Biden’s administrative team is about to get shuffled as the Treasury Secretary, Janet Yellen leaves after midterm, the shuffle might mean a positive turn for Crypto since Yellen was an anti-crypto advocate. Yellen previously made several negati...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is d...
Bitcoin News / Bitcoin.com - 1 year ago
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 “overc...
Bitcoin News / Bitcoin.com - 1 year ago
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...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and Means Committee, Republicans cri...
Cryptocoins News / The Cointelegraph - 1 year ago
United States Secretary of the Treasury Janet Yellen called on U.S. lawmakers to develop a "consistent federal framework” on stablecoins to address risks to financial stability.In a Tuesday hearing of the Senate Banking Committee on the Financial Sta...
Bitcoin News / Bitcoin.com - 2 years ago
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,...
Cryptocoins News / The Cointelegraph - 2 years ago
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...
Bitcoin News / Bitcoin.com - 2 years ago
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 circ...
Cryptocoins News / The Cointelegraph - 2 years ago
“We must ensure requirements imposed on the digital asset ecosystem are both crafted and implemented in such a way to ensure the United States remains at the forefront of financial innova...
Cryptocoins News / The Cointelegraph - 2 years ago
According to the U.S. lawmakers, the infrastructure law contains an “overly-broad interpretation” of what a broker is and places the reporting burden on individuals who may not have the n...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, Yellen said, but noted tha...