US Treasury's Yellen says crypto markets need better oversight

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WASHINGTON: US Treasury Secretary Janet Yellen said on Wednesday (Nov 16) that crypto markets need more robust oversight, days after cryptocurrency exchange FTX collapsed. 'The recent failure of a major cryptocurrency exchange and the unfortunate impact that has resulted for holders and investors of crypto

WASHINGTON: US Treasury Secretary Janet Yellen said on Wednesday that crypto markets need more robust oversight, days after cryptocurrency exchange FTX collapsed.

Treasury and other regulators had identified risks in crypto markets over the past year including"comingling of customer assets, lack of transparency, and conflicts of interest", which were"at the center of the crypto market stresses observed over the past week", Yellen said.

 

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Doesn't take crashes to know this shit

You don’t say?

Like I said, the authorities will go after all exchanges.

Ponzi scheme

thought she is resigning?

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