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On this YouTube quick, we focus on the latest name by US Treasury Secretary Janet Yellen for a “sturdy regulatory framework” for crypto actions. Yellen made this assertion throughout a G20 assembly on February 25, the place she pressured the crucial significance of implementing rules for cryptocurrencies. Nevertheless, she additionally clarified that the US just isn’t pushing for an outright ban on crypto actions.
Yellen’s name for regulation echoes that of the Worldwide Financial Fund (IMF) managing director Kristalina Georgieva, who said that banning crypto ought to be an possibility if regulation fails to handle monetary stability dangers.
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