Bookmarking Crypto Insights
Auto Added by WPeMatico
U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses investors can suffer. Yellen also believes that bitcoin is not widely used as a transaction mechanism due to its inefficiency, … Read more
She still questioned how regulators would “manage money laundering and illicit finance issues” with digital currencies. Go to Source Powered by WPeMatico
Fresh criticism from the U.S. treasury secretary fuels an already fierce correction, briefly taking Bitcoin to $47,400 lows. Go to Source Powered by WPeMatico
U.S. Treasury Secretary Janet Yellen has reaffirmed that it is important to ensure that bitcoin and other cryptocurrencies are not used for illicit financing. In addition, she stresses the importance of regulating institutions that deal with bitcoin. Janet Yellen Claims It’s Important to Make Sure Bitcoin Is Not Used for Illicit Financing U.S. Treasury Secretary … Read more
Janet Yellen, the new U.S. Treasury Secretary, has warned about “a growing problem” from “the misuse of cryptocurrencies.” She emphasized that “cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism.” Janet Yellen Warns of Cryptocurrency Risks The U.S. Department of the Treasury hosted its inaugural … Read more
The private sector invests enormous resources to help the government combat crypto crimes, U.S. Treasury Secretary Janet Yellen said. Go to Source Powered by WPeMatico
Pro-bitcoin U.S. Senator Cynthia Lummis has been appointed to the Senate banking committee. She has been talking to Janet Yellen and has outlined her plans to help the new Treasury Secretary and other U.S. lawmakers understand that bitcoin is a great store of value. Lummis says that Yellen has an open mind on this topic … Read more
Treasury Secretary Janet Yellen faces the first major hurdle of her tenure with the question of how to handle social media-driven security trading. Go to Source Powered by WPeMatico
Cynthia Lummis, the first U.S. senator to own Bitcoin, will launch a Financial Innovation Caucus to educate her fellow-senators about Bitcoin and crypto assets. Go to Source Powered by WPeMatico
A handful of DeFi tokens saw strong rallies even as bears continue to pin Bitcoin price below $33,000. Go to Source Powered by WPeMatico
