Crypto Regulation Critical Says Janet Yellen: No Outright Banning
• U.S. Treasury Secretary Janet Yellen discussed crypto regulation on the sidelines of the G20 meeting for finance ministers and central bank governors. • She emphasized the importance of establishing a strong regulatory framework for cryptocurrencies while clarifying that the U.S. has not proposed an outright ban. • Indian Finance Minister Nirmala Sitharaman has been pushing for international cooperation on crypto regulation, and the SEC has recently stepped up its enforcement efforts against crypto firms. U.S Treasury Secretary’s View on…