Monday, November 29, 2021
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US Treasury Secretary Nominee Hints at Brand New Crypto Environment

The US Treasury secretary nominee Janet Yellen has made a splash in the Cryptoverse with her recent quotes about cryptocurrencies, but she actually made a few other points in her address yesterday that may affect and ultimately form an environment for crypto in the United States.

All eyes in the crypto community turned toward the woman who is set to become the first female Secretary of the Treasury in American history and her hearing Tuesday before the Senate Finance Committee, in the hope of learning more about her stance on digital currencies.

Yellen, who had previously stated that she is not a fan of bitcoin (BTC), said that cryptocurrencies are a concern when it comes to terrorist financing, and that many are used for financing crime.

She said,

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