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Yellen says more crypto regulation 'would be appropriate'
Treasury Secretary Janet Yellen said Wednesday she supports regulatory oversight of cryptocurrency to protect consumers and investors. "I see some holes in the system where additional regulation would be appropriate, and we would like to work with Congress to see additional legislation passed," Yellen said in an interview with CNBC. She noted that while the Treasury Department previously identified risks associated with cryptocurrencies, the U.S. already has "strong" laws in place to protect consumers and investors. The Treasury secretary’s comments come the same week that the Securities and Exchange Commission ... (full story)