Sen. Elizabeth Warren on Tuesday urged Treasury Secretary Janet Yellen to identify and remedy risks posed by cryptocurrencies and to craft a “comprehensive and coordinated” framework through which federal agencies can regulate virtual coins on an ongoing basis. Warren, a member of the Senate Banking Committee and a longtime critic of the nation’s largest banks, pressed the Treasury secretary to use her powers on the Financial Stability Oversight Council to bring about a safer crypto market. “FSOC must act quickly to use its statutory authority to address cryptocurrencies’ risks and regulate the market to ensure the ... (full story)