Us Lawmakers Push For Urgent Stablecoin Regulation — Fed Warns Of Stablecoin Runs, Janet Yellen Cites Ust Fiasco
Bitcoin News

US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco

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 the country’s financial stability. Treasury […]

Treasury Secretary Yellen Says Crypto Regulation Should Support Responsible Innovation, Manage Risks
Bitcoin News

Treasury Secretary Yellen Says Crypto Regulation Should Support Responsible Innovation, Manage Risks

Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should “support responsible innovation while managing risks.” She emphasized, “Regulation should be based on risks and activities, not specific technologies.” Treasury Secretary […]

Billionaire Mike Novogratz Says ‘people Have Realized Crypto Is Really Popular’ — Expects Softer Stance From Lawmakers
Bitcoin News

Billionaire Mike Novogratz Says ‘People Have Realized Crypto Is Really Popular’ — Expects Softer Stance From Lawmakers

Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago. He explained that bond sell-offs and increased crypto adoption have boosted the prices of cryptocurrencies, […]

Us Unveils Bill Giving Treasury Secretary ‘unchecked And Unilateral Power’ To Ban Crypto Transactions, Advocate Warns
Bitcoin News

US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate Warns

A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organization Coin Center. Treasury Secretary Janet Yellen […]