Cryptocurrencies
FTX Debacle Shows Need for Crypto Regulation, Yellen Says
- Crypto isn’t yet a threat to wider financial system: Yellen
- Doesn’t see SLR as only factor in low Treasuries liquidity
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US Treasury Secretary Janet Yellen said the implosion of Sam Bankman-Fried’s FTX crypto empire reinforced her view that the market for digital assets required “very careful regulation.”