Tomiwabold Olajide Janet Yellen advocates for cryptocurrency regulation, calling it “risky” way to save for retirement According to U.S. Treasury Secretary Janet Yellen, cryptocurrency ass...
Tag: Yellen
Yellen Pushes Back Against Fidelity Plan for Crypto Retirement Option
In the wake of Fidelity Investments announcing their plan to allow investors to put crypto in 401(k) retirement accounts, US Treasury Secretary Janet Yellen termed it a “very risky” choice. “It’s not ...
Yellen doubts crypto’s place in 401(k), says Congress could regulate
The Secretary of the United States Treasury, Janet Yellen, weighed in on including cryptocurrencies in retirement plans, calling them a very risky investment that should be regulated by Congress. Dur...
Treasury’s Janet Yellen: Bitcoin ‘Very Risky’ Option for Retirement Savings
Treasury Secretary Janet Yellen on Thursday warned against including Bitcoin and other cryptocurrencies in retirement plans, calling them a “very risky investment”. Yellen’s comments came at a New Yor...
U.S. Treasury Secretary Janet Yellen Warns of Having Crypto In Retirement Plans
A large number of financial companies including giants like Fidelity have been working to offer crypto exposure in the 401 (k) retirement plans. U.S. Treasury Secretary Janet Yellen has issued a stron...
US Treasury Secretary Yellen advises against Bitcoin for retirement savings
? Want to work with us? CryptoSlate is hiring for a handful of positions! U.S. Treasury Secretary Yellen said Bitcoin, as a retirement savings vehicle, would be a “very risky” move, Bloomberg News rep...
Yellen wary of inclusion of crypto in retirement plans 1
US Secretary Janet Yellen has given her opinion about plans by several parties to add digital assets to the portfolio of investments for retired workers. According to her latest statement, the US secr...
Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions – Economics Bitcoin News
U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the Hous...
Janet Yellen Continues to Show Fear of Crypto
Janet Yellen, the Treasury Secretary, continues to point at unregulated crypto as a source of instability and concern in the United States. Janet Yellen Still Thinks Crypto Is a Concerning Area Not lo...
Yellen’s mea culpa on inflation
Asked about her statements of the previous year on the subject of inflation on the microphones of Wolf Blitzer of CNN’s “The Situation Room”, US Treasury Secretary Janet Yellen admits her mistakes. J...
Treasury Secretary Yellen Says She Was Wrong About Inflation
Treasury Secretary Janet Yellen said Tuesday her inflation projections were wrong in statements she made last year as consumer prices began a surge to their highest level in decades. “I think I was wr...
SEC Commissioner Expects Tighter Stablecoin Regulation — Yellen Says Stablecoins Not Real Threat to Financial Stability – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says stablecoins are currently “not a ...
Yellen calls for proper crypto innovation amid Terra`s fall
Janet Yellen has made some thoughtful remarks about the proper way to regulate digital currencies and assets, innovation, and their rules. The current gloomy environment surrounding the crypto market ...
Janet Yellen: stablecoins are not a threat to the system
US Treasury Secretary Janet Yellen says the stablecoin market is not large enough to be a concern for financial stability. Janet Yellen reassures financial markets about the “volatility” of stablecoi...
Secretary Yellen; UST Collapse Could Have Been Avoided With The Available Legal Framework ⋆ ZyCrypto
Advertisement     The ongoing crypto market turmoil and the de-pegging by two of the largest stablecoins earlier this week has caught the attention of regulators, part...
Yellen Says Crypto Poses No Systemic Risk to Financial System
In brief Treasury Secretary Yellen acknowledged that a $2 trillion market cap for crypto is not a systemic risk. Yellen also addressed the recent meltdown of the Terra stablecoin UST. Treasury Secreta...
Treasury Secretary Janet Yellen to Discuss Stablecoin Today Amid TerraUSD (UST) Crash
– Advertisement – Janet Yellen, the United States Treasury Secretary, is scheduled to testify later today before the U.S. House Committee on Financial Services. According to people famili...
Treasury Secretary Yellen Says Stablecoins Pose Financial Stability Risks, Cites Collapse of TerraUSD (UST)
U.S. Secretary of the Treasury Janet Yellen is calling for legislation that will regulate stablecoins to eradicate the risks she believes they pose to financial stability. While testifying before the ...
Terra’s UST fiasco cited by Yellen
Janet Yellen reiterated her stance on stablecoin regulations Really need a consistent federal framework – Yellen LUNA’s Market Cap – $843,527,032 U.S. Depository Secretary Janet Yellen emp...
US Treasury Secretary Yellen points to UST slip, asks for new stablecoin legislation by the end of 2022
Treasury Secretary Janet Yellen is still calling for stablecoin legislation by the end of the year. In response to questioning on stablecoins from Senator Pat Toomey (R-PA) at a May 10 hearing, Yellen...
Rumors run riot as UST collapses amid Yellen report on stablecoins
Rumors are circulating online that Citadel Capital may be behind the UST crash as Janet Yellen announces a report on stablecoins. The hedge fund, which is well known for its involvement in the shortin...
Janet Yellen Says UST’s Collapse Illustrates Risks to Financial Stability
Alex Dovbnya Terra imbroglio has gone all the way to a congressional hearing During a congressional hearing organized by the Senate Banking, Housing and Urban Affairs Committee, U.S. Treasury Secretar...
U.S. Treasury Secretary Janet Yellen Calls for Stablecoin Regulation Amid UST Drama
Janet Yellen, the secretary of the United States Treasury, said on Tuesday that there is a need for stablecoin legislation, while noting that TerraUST (UST) is risky. Secretary Yellen Speaks On Stable...
US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco – Regulation Bitcoin News
As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten th...
Treasury’s Yellen Highlights Terra Collapse in Call for Stablecoin Legislation
Treasury Secretary Janet Yellen today said that stablecoins need to be regulated by this year. In a hearing Tuesday, Secretary Yellen said that although digital assets may “promote innovation,” they c...
Yellen Echoes Stablecoin Warning Citing UST Crash
Key Takeaways Treasury Secretary Janet Yellen has once again said that the U.S. needs to regulate the stablecoin market. Yellen noted UST’s recent depeg event in which the stablecoin crashed ami...
Janet Yellen Really Wants to Regulate Crypto
Janet Yellen – the Treasury Secretary – is all up in arms about bitcoin and cryptocurrencies and is super eager to get them regulated. Janet Yellen Issues Her Stance on Crypto Her words come at a time...
Yellen Walks Out On Russian Official During G20 Meeting
Topline Treasury Secretary Janet Yellen and officials from several other countries walked out of a Group of 20 meeting in Washington on Wednesday when a Russian delegate spoke, a source familiar with ...
Janet Yellen calls crypto transformative, shares five crypto lessons
U.S. Treasury Secretary Janet Yellen said cryptocurrencies are an integral part of the future financial system while speaking about digital assets at American University’s Kogod School of Business Cen...
Bitcoin Inflection Point? Janet Yellen Acknowledges Crypto’s Disruptive Potential
The US Treasury Secretary Janet Yellen gave a speech about digital assets at the American University, Washington DC, and spoke about the digital assets policy, innovation, and regulation. She acknowle...