US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps
Four US lawmakers have pressed Treasury Secretary Janet Yellen over crypto regulatory loopholes. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has “issued repeated warnings about the failure to regulate digital asset markets,” the lawmakers detailed, and asked Yellen how the council should apply existing rules to bitcoin, ether and whatnot. -Security crypto assets. […]