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👿Legislation to facilitate fines, I understand!
U.S. Treasury Secretary calls for crypto legislation on “non-security” tokens
On February 7, U.S. Treasury Secretary Janet Yellen stated at a hearing held by the House Financial Services Committee (HFSC) on Tuesday: "Congress should pass legislation to regulate stablecoins and the spot market of non-security crypto assets." Yellen acknowledged that current rules and regulations should also be enforced, citing various ways in which digital assets could affect the country's financial stability, including "runs" on trading platforms or stablecoin providers, as well as volatility in cryptocurrency markets. Regarding stablecoins, Yellen said that federal regulators should be able to shut down stablecoin issuers that do not meet the national "regulatory baseline" and that it is "critical" to provide regulatory protection for stablecoin wallet holders.
#耶伦 $BTC #美国财政部
U.S. Treasury Secretary calls for crypto legislation on “non-security” tokens
On February 7, U.S. Treasury Secretary Janet Yellen stated at a hearing held by the House Financial Services Committee (HFSC) on Tuesday: "Congress should pass legislation to regulate stablecoins and the spot market of non-security crypto assets." Yellen acknowledged that current rules and regulations should also be enforced, citing various ways in which digital assets could affect the country's financial stability, including "runs" on trading platforms or stablecoin providers, as well as volatility in cryptocurrency markets. Regarding stablecoins, Yellen said that federal regulators should be able to shut down stablecoin issuers that do not meet the national "regulatory baseline" and that it is "critical" to provide regulatory protection for stablecoin wallet holders.
#耶伦 $BTC #美国财政部
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U.S. Treasury Secretary Janet Yellen told a Senate Banking Committee hearing that the Treasury Department could use more powers to crack down on terrorist groups’ alleged use of cryptocurrencies. Yellen said that we do have a lot of power to take action, but we have found some loopholes in the power and made a series of suggestions on how to strengthen the power of the Treasury Department.
#耶伦 #美国财政部
#耶伦 #美国财政部
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The "Buy Bitcoin" sign held up during Yellen's 2017 speech sold for $1 million
Christian Langalis expects to receive approximately $875,000, equivalent to 13.6 bitcoins, after Scarce.City deducts a 15% fee.
A piece of note paper with the words "Buy Bitcoin" printed on it, which was famously used as the background for a public speech by Janet Yellen, the chairwoman of the US Federal Reserve, in 2017, was recently sold for 16 bitcoins, or about $1.027 million.
The sale was held at PubKey, a Bitcoin-themed bar in New York City, and was organized and facilitated by auction house Scarce.City.
A piece of note paper with the words "Buy Bitcoin" printed on it, which was famously used as the background for a public speech by Janet Yellen, the chairwoman of the US Federal Reserve, in 2017, was recently sold for 16 bitcoins, or about $1.027 million.
The sale was held at PubKey, a Bitcoin-themed bar in New York City, and was organized and facilitated by auction house Scarce.City.
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👿Yellen, I advise you to mind your own business! I want to hoho coin circle again
U.S. Treasury Secretary Yellen warned about the risks of cryptocurrencies and suggested that Congress should legislate to regulate the spot market of stablecoins and non-security crypto assets.
On February 6, according to CoinDesk, U.S. Treasury Secretary Janet Yellen stated in the U.S. House of Representatives Financial Services Committee’s explanation of the latest work of the Financial Stability Oversight Committee (FSOC), warning about the risks of cryptocurrency and the impact of the crypto industry on the financial industry. The system poses a variety of potential harms, including the dangers of stablecoins, runs on crypto platforms, and price volatility.
He also stated that he would continue to cooperate with Congress on encryption legislation. “Applicable rules and regulations should be implemented, and Congress should pass legislation to regulate the spot market of stable coins and non-security crypto assets.”
#BTC! #耶伦 $BTC $ETH
U.S. Treasury Secretary Yellen warned about the risks of cryptocurrencies and suggested that Congress should legislate to regulate the spot market of stablecoins and non-security crypto assets.
On February 6, according to CoinDesk, U.S. Treasury Secretary Janet Yellen stated in the U.S. House of Representatives Financial Services Committee’s explanation of the latest work of the Financial Stability Oversight Committee (FSOC), warning about the risks of cryptocurrency and the impact of the crypto industry on the financial industry. The system poses a variety of potential harms, including the dangers of stablecoins, runs on crypto platforms, and price volatility.
He also stated that he would continue to cooperate with Congress on encryption legislation. “Applicable rules and regulations should be implemented, and Congress should pass legislation to regulate the spot market of stable coins and non-security crypto assets.”
#BTC! #耶伦 $BTC $ETH
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