Bitcoin News / Bitcoin.com - 10 months ago
U.S. Treasury Secretary Janet Yellen has defended the dominance of the U.S. dollar amid rising efforts by emerging countries to de-dollarize. Brazilian President Luiz Inácio Lula da Silva, in particular, is set to raise the issue of de-dollarization...
Bitcoin News / Bitcoin.com - 10 months ago
United States Treasury Secretary Janet Yellen recently told members of the U.S. Congress that while some countries are seeking to create alternatives to the greenback, no country, including China, can create a currency which replicates the dollarR...
Bitcoin News / Bitcoin.com - 10 months ago
U.S. Treasury Secretary Janet Yellen has warned that despite some human rights concerns that need to be addressed, ceasing trade with China would be a “big mistake” for the U.S. “De-risk? Yes. Decouple? Absolutely not,” she st...
Bitcoin News / Bitcoin.com - 11 months ago
U.S. Treasury Secretary Janet Yellen has warned again about the consequences of the U.S. defaulting on its debt. During a press conference in Niigata, Japan, Yellen stated that this would be a self-inflicted crisis, and urged Congress to act quickly...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in international markets. According to Yellen, the government tries to use sanctions “judiciously,...
Bitcoin News / Bitcoinist - 1 year ago
The recent implosion of some US banks spiked mixed reactions among the public. Most customers of both Silicon Valley and Signature Bank feared a possible loss of their money following the closure of the banks.
However, the Treasury Secretary, Janet...
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...
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 - 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...
by COINS NEWS - 2 years ago
A Reminder: What are the Pandora Papers? The Pandora Papers is an investigation into the shadowy offshore financial system that reveals the workings of a secret economy that benefits the wealthy and well-connected at the expense of everyone else. Th...
by COINS NEWS - 2 years ago
A Reminder: What are the Pandora Papers? The Pandora Papers is an investigation into the shadowy offshore financial system that reveals the workings of a secret economy that benefits the wealthy and well-connected at the expense of everyone else. Th...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agen...
Bitcoin News / Bitcoin.com - 2 years ago
Former U.S. Treasury Secretary Steven Mnuchin says his viewpoint on bitcoin “has evolved a little bit.” While he personally does not want to have bitcoin in his portfolio, he says if people want to buy the cryptocurrency, “that&rsqu...
Bitcoin News / Bitcoin.com - 2 years ago
Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency is here to stay as a kind of digital gold. He believes that people want an alternative to gold that is “separate and apart from the day-to-...