Former US Treasury Secretary: Bitcoin Needs More Than Math to Succeed
Former US Department of Treasury Secretary and advisor to President Barack Obama Lawrence Summers has argued that, in order for bitcoin succeed, the technology and those who support it will need to embrace regulation. Summers' latest comments came on 11th February at the Museum of American Finance (MOAF) during an event entitled "Bitcoin and the Future of Payments Technology". The conversation was moderated by Wall Street Journal senior columnist Michael Casey and sponsored by investment company Voya Financial. During the event, Summers voiced his opinion that bitcoin needs greater....
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Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency will do better regulated in a sound way instead of being treated as a libertarian paradise. Larry Summers Sees Crypto Benefiting From Strong Regulation Lawrence Summers, who served as the Secretary of the Treasury in the Clinton administration and director of the White House National Economic Council in the Obama administration, talked about cryptocurrency regulation during an interview with Bloomberg Friday. A former chief economist at the World Bank, Summers is currently Harvard....
U.S. Treasury Secretary Janet Yellen says the Treasury Department is monitoring Russian efforts to evade sanctions using cryptocurrency. Four U.S. senators have written to Yellen raising concerns about Russia using cryptocurrency as a channel to circumvent sanctions.
Treasury Secretary Janet Yellen on Monitoring Russian Efforts to Use Cryptocurrency to Evade Sanctions
U.S. Treasury Secretary Janet Yellen talked about the Treasury Department monitoring Russian efforts to evade sanctions using crypto at an event hosted by the University of Illinois Wednesday, the Wall Street....
Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should “support responsible innovation while managing risks.” She emphasized, “Regulation should be based on risks and activities, not specific technologies.”
Treasury Secretary Yellen on Crypto Regulation
U.S. Treasury Secretary Janet Yellen talked about crypto regulation Thursday at American University’s Kogod School of Business Center for Innovation.
“Digital assets may be relatively new, but they are part of a larger trend – the....
Over the last few days, the newly elected US President Donald Trump has filled a number of positions in his new cabinet, although the most important position for the Bitcoin community—the Secretary of the Treasury—remains open. The role of Secretary of the Treasury could be decisive for the establishment of a national strategic Bitcoin reserve, […]
NLW looks at price action in crypto, the ETH 2.0 Beacon chain launching Dec 1, the Dow at 30,000 and Janet Yellen’s nomination as Treasury secretary.