Janet Yellen Calls on Congress to Pass Crypto Regulation

Jake Claver

In this video, we discuss the recent call from Janet Yellen, U.S. Treasury Secretary, for Congress to pass regulations on cryptocurrency. As the crypto market continues to grow, Yellen stresses the need for clear guidelines to protect investors and prevent illegal activities. Stay informed and learn more about the potential impact of crypto regulations on the market.  #yellen #regulations #crypto #xrp #xrpnews  Find more from Jake Claver by visiting the links below:  🖥Websites🖥 Digital Ascension Group - https://www.digitalfamilyoffice.io Beyond Broke Mastermind - https://mastermind.beyondbroke.com  Social media Twitter - https://www.twitter.com/beyond_broke Linkedin - https://www.linkedin.com/in/jacobclaver/ TikTok - https://www.tiktok.com/@jakeclaverqfop Facebook - https://www.facebook.com/jakeclaverqfop

Transcript

00:00Council is focused on digital assets and related risks, such as runs—such as from runs on crypto

00:08asset platforms and stablecoins, potential vulnerabilities from crypto asset price volatility,

00:17and the proliferation of platforms acting outside of or out of compliance with applicable laws and

00:25regulations. Applicable rules and regulations should be enforced, and Congress should pass legislation

00:34to provide for the regulation of stablecoins and of the spot market for crypto assets that are not

00:41securities. We look forward to continuing to engage with Congress on this. With this overview,

00:49I look forward to taking your questions on these and the questions.

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