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  • Crypto meltdown prompts Yellen to call for new regulation

    From apnews.com

    Treasury Secretary Janet Yellen, responding to the recent sharp decline in the value of cryptocurrencies, said Thursday that additional federal regulation was needed to respond to the wave of speculative investment in the currency whose secrecy is an essential part of its appeal. “We really need a regulatory framework to guard against the risks,” Yellen said of cryptocurrencies called stable coins, during a House committee hearing Thursday. Citing the rapid rise in use of digital assets, she added, “Really, we need a comprehensive framework so that there are no gaps in the regulation.” Stable coins are a type ... (full story)

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    Japan Suzuki: A CBDC is an extremely important topic to consider

    From @Financialjuice1|May 12, 2022

    tweet at 9:31pm: JAPAN'S FINANCE MINISTER SUZUKI: A CBDC IS AN EXTREMELY IMPORTANT TOPIC TO CONSIDER.

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  • Posted: May 12, 2022 7:41pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 128
  • Linked event:
    US Treasury Sec Yellen Speaks
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