Home Guides Treasury Secretary Janet Yellen Says U.S. Needs Better Stablecoin Regulation

Treasury Secretary Janet Yellen Says U.S. Needs Better Stablecoin Regulation

0
Treasury Secretary Janet Yellen Says U.S. Needs Better Stablecoin Regulation

[ad_1]

[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader’s experience

Yellen also addressed the U.S. Securities and Exchange Commission’s proposal to further restrict how investment firms custody their client’s assets, including their crypto holdings. The proposed rule, which is on the agency’s agenda to complete this year, would require a wider range of client assets to be held with “qualified custodians,” and it has drawn criticism from bankers, some lawmakers and even other regulators about its potential effects.

[/]

[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here