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Tag: Yellen

Disentangling the Crypto Crash of 2022

A reckoning in the digital asset industry that started in June after the collapse of improperly collateralized investment assets gained new urgency in...

Weekly Recap: FTX Files for Bankruptcy, Triggering Contagion Across the Lending Industry

Alameda CEO Confesses to Using Customer Funds While SBF May Have Used a ‘Backdoor’ The New York Times reported that Caroline Ellison, the CEO...

Senator Elizabeth Warren, AOC, Others Send Letters to Financial Officials Demanding They Shut the Revolving Door Between Crypto Firms and their Agencies

Multiple Democrat elected officials are slamming public financial agency leaders in a public letter criticizing the “revolving door” of public officials going over to crypto firms. The letter is signed by Senators Elizabeth Warren and Sheldon Whitehouse, along with Representatives Alexandria Ocasio-Cortez (AOC), Rashida Tlaib, and Jesús “Chuy” Garcia, some of the most left-leaning members […]

The post Senator Elizabeth Warren, AOC, Others Send Letters to Financial Officials Demanding They Shut the Revolving Door Between Crypto Firms and their Agencies first appeared on Blockchain Consultants.

Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions

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...

UK To Go Ahead With Stablecoin Regulations After Queen’s Approval

<!-- --> Less than a week after Terra’s $50 billion collapse, UK officials are moving forward with legalizing and regulating stablecoins. The...

The Plan for Terra’s ‘Return to Form’ After Big Collapse, According to Do Kwon

<!-- --> Following what may go down as the most dramatic crypto catastrophe of all time, Terra Labs founder Do Kwon...

US Treasury Secretary Janet Yellen Urges for Stablecoin Regulation Following UST Debacle

<!-- --> US Treasury Secretary Janet Yellen has used the TerraUSD (UST) debacle to call for more stablecoin regulation in a...

US Treasury Secretary Expresses ‘Skepticism’ on Crypto Financial Stability Impact

Janet Yellen remains cautious of crypto’s threats around financial stability, consumer protection, and illicit finance.

Who’s in Charge of What? Breaking Down the Crypto Executive Order

Washington DC stablecoin

Most reports to be submitted to President Biden are due within six months, but legislation could take years

The post Who’s in Charge of What? Breaking Down the Crypto Executive Order appeared first on Blockworks.

Elizabeth Warren Drafts New Crypto Sanctions Bill

Democrat Senator Elizabeth Warren of Massachusetts has recently issued a statement saying that cryptocurrency exchanges in America and around the world should enforce the country’s sanctions against Russia and cut off business stemming from that neck of the woods. To make sure this happens, she is now drafting a bill that she believes will make...

The post Elizabeth Warren Drafts New Crypto Sanctions Bill appeared first on Live Bitcoin News.

Market Wrap: Crypto Rises as European Mining Ban Falls Through

bitcoin mining miner

The EU bill to regulate crypto removed language that would have effectively banned mining, sending crypto markets up, while equities fell amid tensions with Russia

The post Market Wrap: Crypto Rises as European Mining Ban Falls Through appeared first on Blockworks.

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