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FinCEN Extends Crypto Rulemaking Review Period as Senate Confirms Janet Yellen
27.1.2021
The Financial Crimes Enforcement Network (FinCEN) has issued a notice extending the comment period for its crypto wallet proposal. The extension came shortly after the U.S. Senate confirmed Janet Yellen as the new U.S. Treasury Secretary. FinCEN Extends Comment Period for Crypto Wallet Rulemaking...
Senate Confirms Janet Yellen as US Treasury Secretary
25.1.2021
Yellen succeeds Steven Mnuchin in running the U.S. government’s treasury. Here’s what she will oversee in the crypto world
Janet Yellen Clarifies Her Stance on Bitcoin — Promises ‘Effective’ Crypto Regulation
23.1.2021
Joe Biden’s pick to become the new U.S. Treasury Secretary, Janet Yellen, has clarified her stance on bitcoin and cryptocurrencies. This follows her remarks during a Senate hearing when she said that cryptocurrencies are mostly used for illicit financing. Janet Yellen Clarifies Her Crypto...
Crypto Crime Fell Sharply to Only 0.3% of All Cryptocurrency Activity in 2020
23.1.2021
A study by blockchain analytics firm Chainalysis finds that cryptocurrency-related crime has fallen significantly. The criminal share of all crypto activity fell to just 0.34% in 2020. This contradicts recent statements by U.S. Treasury Secretary nominee Janet Yellen and ECB President Christine...
Senate committee votes unanimously in favor of Yellen as Treasury Secretary
22.1.2021
The Senate Committee on Finance backed Yellen's nomination in a show of bipartisan support
Treasury Secretary nominee says crypto has potential to improve the financial system
22.1.2021
Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.”
Biden Administration Reported to Be Lining up a Former Ripple Advisor as the Next Bank Regulator
22.1.2021
Micheal Barr, the former member of Ripple’s board of advisors, is set to become the United States’ next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual with crypto connections to lead the Office of Currency...
Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’
21.1.2021
Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience. In his latest comments about bitcoin, Summers,...
Janet Yellen Reveals Plans for Bitcoin — Sees Cryptocurrencies Used Mainly for Illicit Financing
20.1.2021
Janet Yellen, Joe Biden’s pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use needs to be curtailed. Janet Yellen Reveals Her Plans for Cryptocurrencies In...
US Treasury Secretary Nominee Hints at Brand New Crypto Environment
20.1.2021
The US Treasury secretary nominee Janet Yellen has made a splash in the Cryptoverse with her recent quotes about cryptocurrencies, but she actually made a few other points in her address yesterday that may affect and ultimately form an environment for crypto in the United States.
All eyes in...
Biden's Treasury Secretary nominee calls cryptocurrencies a 'particular concern' for AML
19.1.2021
Janet Yellen claimed many cryptocurrencies are used "mainly for illicit financing."
US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets
12.12.2020
Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed...
G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting
8.12.2020
The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency. G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven...
What Janet Yellen as Treasury Secretary Means for Bitcoin and Markets
28.11.2020
NLW looks at price action in crypto, the ETH 2.0 Beacon chain launching Dec 1, the Dow at 30,000 and Janet Yellen’s nomination as Treasury secretary
Biden considering Gary Gensler for Deputy Treasury Secretary
26.11.2020
The former CFTC chairman is currently working as a financial advisor for the Biden-Harris transition team
Gary Gensler Under Consideration for Deputy Treasury Secretary Role: Report
25.11.2020
Former CFTC Chair Gary Gensler, who's leading Joe Biden's financial oversight team, may be tapped as Deputy Treasury Secretary
Biden to Tap Former Fed Chair Janet Yellen as Treasury Secretary
23.11.2020
Former Fed Chair Janet Yellen will be tapped to run the Treasury Department, where she will oversee federal agencies that impact crypto
Second Stimulus Checks: New Proposal Taps Unused Fed Funds, Lawmakers Call for Relief Now
23.11.2020
Americans are anxiously waiting to hear if they will receive a second round of stimulus checks as many are suffering due to the coronavirus-led economic crisis. Treasury Secretary Steven Mnuchin has a new proposal to immediately provide relief aid, while Nancy Pelosi has been discussing stimulus...
‘It’s Something We’re Studying’: Deputy Treasury Secretary Discusses US CBDC Plans
7.10.2020
“It’s something we’re studying … this is really a decision which sits as much with the Fed as it does with Treasury,” said Deputy Secretary Justin Muzinich
‘$2.6 Trillion’ Stimulus Bill With Second Direct Payments to Americans Ready for Voting
1.10.2020
US lawmakers are intensely discussing a new stimulus package that could cost between $2.2 trillion and $2.6 trillion. The bill could be voted on this week as talks between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin heat up over the content of the bill. New Stimulus Bill: Final...