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Treasury Department

U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight

Executive branch budget proposals are gathered into a single push from the White House for its spending priorities, with more detail about how exactly the agencies want to spend the funds they’re requesting. Then Congress gets its turn, sometimes embracing some of the president’s wishes, and sometimes ignoring them. But even when lawmakers put together […]

Treasury Secretary Janet Yellen Warns of Crypto Risks to U.S. Financial Stability

“The council is focused on digital assets and related risks such as from runs on crypto-asset platforms and stablecoins, potential vulnerabilities from crypto-asset price volatility, and the proliferation of platforms acting outside of or out of compliance with applicable laws and regulations,” she said in the testimony prepared for delivery, which was posted on the […]