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Treasury Secretary Janet Yellen Says U.S. Needs Better Stablecoin Regulation

February 6, 2024
in Bitcoin
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Yellen additionally addressed the U.S. Securities and Change Fee’s proposal to additional prohibit how funding corporations custody their shopper’s belongings, together with their crypto holdings. The proposed rule, which is on the company’s agenda to finish this yr, would require a wider vary of shopper belongings to be held with “certified custodians,” and it has drawn criticism from bankers, some lawmakers and even different regulators about its potential results.



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Tags: JanetRegulationSecretaryStablecoinTreasuryU.SYellen
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