U.S. Treasury Secretary Janet Yellen has advocated for stronger regulation of the cryptocurrency market to bolster financial stability and protect consumers. Her call comes in the wake of significant market volatility and the collapse of major crypto exchanges. Yellen emphasized the necessity for congressional action to address existing regulatory gaps and ensure consistent protections for crypto assets and services. She also stressed the importance of enforcing current regulations to maintain market integrity.
Yellen Urges Enhanced Crypto Regulation to Safeguard Stability
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