U.S. Treasury Secretary Janet Yellen focused on the ongoing distress of stablecoin UST during testimony before a U.S. Senate panel on Tuesday, just hours after the purportedly dollar-pegged token plummeted to a low of $0.65 and at least one platform halted trading. origin »
The Financial Crimes Enforcement Network (FinCEN) has issued a notice extending the comment period for its crypto wallet proposal. The extension came shortly after the U. S. Senate confirmed Janet Yellen as the new U.
The U. S Senate has confirmed Janet Yellen on Monday as the Treasury Secretary in the newly inaugurated Biden administration with an overwhelming 84-15 vote. She takes over this position from Steven Mnuchin, who served in the Trump administration and left office last week following Biden’s inauguration.
Janet Yellen won the US Senate’s approval to become the Treasury Secretary on Jan. 25, 2021 — making her the first woman to hold this position. Yellen succeeds Steven Mnuchin, a former investment banker that rose to prominence as a Wall Street investment banker.
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.
“I think we need to look closely at how to encourage their use for legitimate activities while curtailing their use for malign and illegal activities,” Janet Yellen wrote.
Grandma Janet Yellen kept to the script in front of her 200 year old colleagues at the Senate. “I think many [cryptos] are used, at least in transactions sense, mainly...
Biden’s Treasury pick Janet Yellen appeared before the Senate yesterday as part of the…
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President-elect Joe Biden has chosen former Federal Reserve Chairwoman Janet Yellen to become the next Treasury Secretary. Yellen, an economist, if confirmed by the Senate, will become the first woman to hold the position.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.