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PortuguêsThis week, CNBC published a headline that recently-appointed U.S. Secretary of the Treasury Janet “Yellen sounds warning about extremely inefficient bitcoin.” Ironically, two days later CNBC published another article because…
Continue ReadingU.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and…
Continue ReadingJanet Yellen may be open to having U.S. regulators consider a digital currency, but still seems to have strong concerns about Bitcoin. In an interview on the New York Times’…
Continue ReadingBitcoin (BTC) fell below $50,000 on Feb. 22 as a correction gathered pace at Wall Street’s opening to deliver 20% daily losses prior to a strong response from the bulls. …
Continue ReadingU.S. Treasury Secretary Janet Yellen has reaffirmed that it is important to ensure that bitcoin and other cryptocurrencies are not used for illicit financing. In addition, she stresses the importance…
Continue ReadingJanet Yellen, the new U.S. Treasury Secretary, has warned about “a growing problem” from “the misuse of cryptocurrencies.” She emphasized that “cryptocurrencies have been used to launder the profits of…
Continue ReadingUnited States Treasury Secretary Janet Yellen is concerned about crypto’s supposed criminal element. In Feb. 10 remarks to a financial sector innovation roundtable, United States Treasury Secretary Janet Yellen stated…
Continue ReadingCryptocurrencies used for illicit purposes are a “growing problem,” Treasury Secretary Janet Yellen said Wednesday. “I see the promise of these new technologies, but I also see the reality: cryptocurrencies…
Continue ReadingA lot of people automatically dismiss e-currency as a lost cost because of all the companies that failed since the 1990s. I hope it’s obvious it was only the centrally…
Continue ReadingPro-bitcoin U.S. Senator Cynthia Lummis has been appointed to the Senate banking committee. She has been talking to Janet Yellen and has outlined her plans to help the new Treasury…
Continue ReadingThe four horsemen of U.S. financial regulation will meet to discuss market manipulation concerns resulting from the headline-grabbing drama surrounding GameStop stock last week. Per a Feb. 2 report from…
Continue ReadingWelcome to State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. I’m your host, Nikhilesh De. Yeah, of course we’re talking about GameStop (GME) today.…
Continue ReadingSenator Cynthia Lummis, the first senator in the history of the United States to own Bitcoin, has revealed plans to launch a Financial Innovation Caucus to educate her fellow senators…
Continue ReadingToday Bitcoin (BTC) price continued to face selling pressure in the $32,500 to $33,000 resistance cluster and this led to a mild 3% to 5% pull back from most altcoins.…
Continue ReadingBitcoin’s price dropped as much as 10% during early trading hours on Tuesday as bitcoin miners started selling a large amount of the cryptocurrency for the first time since October.…
Continue ReadingJanet Yellen is the 78th U.S. Secretary of the Treasury. The former Federal Reserve chair and longtime economist secured enough votes in the Senate on Monday after a confirmation hearing…
Continue ReadingJoe Biden’s pick to become the new U.S. Treasury Secretary, Janet Yellen, has clarified her stance on bitcoin and cryptocurrencies. This follows her remarks during a Senate hearing when she…
Continue ReadingA study by blockchain analytics firm Chainalysis finds that cryptocurrency-related crime has fallen significantly. The criminal share of all crypto activity fell to just 0.34% in 2020. This contradicts recent…
Continue ReadingBitcoin’s (BTC) tumble below $30,000 was short-lived as the top cryptocurrency found a new wave of support, including a $10 million ‘buy the dip’ moment from MicroStrategy. Data from Cointelegraph…
Continue ReadingJanet Yellen, the former Chair of the Federal Reserve, is one step closer to earning the nomination of Treasury Secretary. The Senate Committee on Finance voted unanimously to approve Yellen’s…
Continue ReadingU.S. President Joe Biden’s pick for Treasury Secretary Janet Yellen may see more benefits to cryptocurrency than her previous testimony indicated. After a virtual hearing of the U.S. Senate Finance…
Continue ReadingJanet Yellen thinks it is important that the U.S. considers the benefits of cryptocurrencies, alongside the potential for misuse. The Treasury Secretary nominee said that while cryptocurrencies can be used…
Continue ReadingBitcoin’s price took another hit Thursday morning, dropping close to $31,000 since markets opened in Europe and the U.S.. Investors rushed to take short-term profit, concerned about when – or…
Continue ReadingAs a new administration is sworn in, how will one if its most important officials – nominated Treasury Secretary Janet Yellen – impact the digital assets space? This episode is…
Continue ReadingBitcoin’s price slumped by around 5.6% in the past 24 hours thanks to some Asian traders taking a short-term bearish view and concerns the new Biden administration in the U.S.…
Continue ReadingJanet Yellen, Joe Biden’s pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use…
Continue ReadingOn Tuesday, Ether (ETH) underwent a bullish breakout which propelled the price to a new all-time high at $1,428. While the move may have been technical, the fundamentals for Etheruem…
Continue ReadingCryptocurrencies are “a particular concern” when it comes to terrorist financing, potential Treasury Secretary Janet Yellen said Tuesday. Speaking at a Senate Finance Committee hearing on her anticipated nomination after…
Continue ReadingJanet Yellen, a former leader at the Federal Reserve and Joe Biden’s pick for Treasury Secretary, is still suspicious of crypto as a threat for illicit financing. In a virtual…
Continue ReadingThe crypto lobby seems to be cautiously optimistic about Biden’s potential picks to lead the U.S.’s regulatory environment. That is, at least, according to a Thursday discussion hosted by TRM…
Continue ReadingNLW looks at price action in crypto, the ETH 2.0 Beacon chain launching Dec 1, the Dow at 30,000 and Janet Yellen’s nomination as Treasury secretary. On this edition of…
Continue ReadingBitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today…
Continue ReadingPresident-elect Joe Biden may name former Commodity Futures Trading Commission Chair Gary Gensler to become Deputy Treasury Secretary, CNBC reported Wednesday. Gensler, who is currently heading up Biden’s financial oversight…
Continue ReadingFormer Federal Reserve Chairman Janet Yellen is likely to become the next U.S. Treasury Secretary. The Wall Street Journal reported Monday that President-elect Joe Biden plans to nominate Yellen in…
Continue ReadingAs President-Elect Biden continues to round out his roster of appointees, he has tapped an Obama-era chair of the Federal Reserve to lead his administration’s economic policy. According to a…
Continue ReadingFormer Federal Reserve Chair Janet Yellen is set to become the next head of the U.S. Treasury Department. Yellen was one of three frontrunners to get the nod, the Washington…
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