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Cryptopolitan 2024-02-06 04:35:27

Financial Stability Oversight Council (FSOC) chief Yellen testifies on urgency for digital asset regulation

U.S. Treasury Secretary Janet Yellen is set to address the House Financial Services Committee, where she will emphasize the risks associated with cryptocurrency platforms and stablecoins. In her prepared testimony, Yellen, who leads the Financial Stability Oversight Council (FSOC), a group of federal financial regulators responsible for monitoring the stability of the financial system, highlighted

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