• Yellen confirmed Treasury Secretary
    Will Treasury Secretary Janet Yellen be good for crypto? The jury is still out (Photo: Wikimedia Commons)
    Cryptocurrencies,  People,  Politics,  Regulation

    Janet Yellen confirmed as Treasury Secretary

    While her top financial regulators have strong pro-crypto backgrounds, Quantum Economics’ Mati Greenspan fears that Yellen’s collaboration with international regulators could ‘have very harsh consequences for all of crypto’

    January 25, 2021 /

    Last week, Yellen calmed some fears that arose after she said in her Jan. 21 testimony before the Senate Finance Committee that she wanted to “curtail” the “malign activities” that for which digital assets have been used.

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  • Yellen crypto only curtail malign activities
    Janet Yellen may not be the Treasury Secretary crypto feared (Photo: C-SPAN)
    Cryptocurrencies,  People,  Regulation

    Janet Yellen clarifies crypto stance: Only wants to curtail ‘malign activities’

    ‘I think it important we consider the benefits of cryptocurrencies and other digital assets,’ the pick for U.S. Treasury Secretary says

    January 22, 2021 /

    The former U.S. Federal Reserve chair said that she wanted to “curtail” the use of digital assets—amid concerns that it could be used for money laundering and the financing of terrorism. But in a written submission to the Senate Finance Committee, Yellen’s approach to Bitcoin and other digital assets seemed to be a little softer.

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