Yellen to Address Congress on Crypto Risks

2024-2-6 09:31

U.S. Treasury Secretary Janet Yellen is poised to warn Congress about the specific threats that cryptocurrencies and stablecoins pose to the financial stability of the country

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Treasury Secretary Yellen repeats warning of US debt default

U.S. Secretary of the Treasury Janet Yellen published a letter on May 22 warning of a debt default within as little as ten days. Inability to pay bills Yellen wrote in a letter to U.S. Congress:  “… It is highly likely that Treasury will no longer be able to satisfy all of the government’s obligations […] The post Treasury Secretary Yellen repeats warning of US debt default appeared first on CryptoSlate.

2023-5-23 02:15