Janet Yellen, U.S. Treasury Secretary, is set to testify before Congress on May 7, which may impact U.S. cryptocurrency regulations. While no specific financial actions are established, her testimony could affect regulatory measures and market stability.
The upcoming hearing is aimed at addressing regulatory concerns, focusing on transparency and monetary policy integrity. Investors remain alert for potential volatility linked to Yellen's statements.
Historical trends show that policymakers’ previous testimonies have triggered volatility in major digital assets like Bitcoin and Ethereum, indicating similar outcomes may arise from this appearance.
Full story here: https://coincu.com/334376-yellen-congress-testimony-crypto-impact
