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Yellen Urges Federal Agencies to ‘Act Quickly’ on Stablecoin Regulation
Treasury Secretary Janet Yellen convened a meeting Monday of the President’s Working Group on Financial Markets (PWG) to discuss stablecoins. CoinDesk’s Nikhilesh De shares the key takeaways, proposing the regulatory outcome. Plus, his take on Mastercard potentially testing USDC for payments.
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State of Crypto: Stablecoin Rules Are Coming
Regulatory authorities are talking about stablecoins more and more, but it remains to be seen what they’ll actually implement.
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Janet Yellen stablecoin meeting
Presidential Advisory Group Promises Stablecoin Recommendations
The Treasury Department didn't lay out a timeline for when it will publish its recommendations on stablecoin regulation.
Janet Yellen stablecoin meeting

Janet Yellen Stablecoins Working Group
US Presidential Advisory Group to Discuss Stablecoins
Federal Reserve Chairman Jerome Powell, Securities and Exchange Commission Chair Gary Gensler and Commodity Futures Trading Commission Acting Chair Rostin Behnam will also participate in Monday's meeting.
Janet Yellen Stablecoins Working Group

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Treasury Nominees Pledge to Enforce New Crypto Regulations
"I would prioritize implementing pieces" of a new AML law around crypto, Treasury Department nominee Brian Nelson said.
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Treasury Secretary Yellen Says Inflation Could Reach 3% This Year As Recovery Continues
At a G7 meeting this past weekend, Treasury Secretary Janet Yellen said inflation rates could rise as high as 3% through the rest of 2021 but maintained this price increase is probably transitory. “The Hash” panel connects the dots to the crypto markets.
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Upside Elusive for Bitcoin as Yellen Says Fed Rate Hike a 'Plus'
Yellen's rate-hike comments and lingering China regulatory concerns dominate market sentiment.
Janet-Yellen

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Former Fed Regulator Michael Hsu Appointed Acting Comptroller of the Currency
Treasury Secretary Janet Yellen appointed Michael Hsu, a former Federal Reserve banking regulator, as Acting Comptroller of the Currency. CoinDesk’s Nikhilesh De on what we know about Hsu’s background and what his appointment might mean for the crypto sphere.
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Fed Director Michael Hsu to Succeed Brian Brooks at OCC
Hsu was part of the Fed's bank supervision division. Brooks, now CEO of Binance.US, pushed crypto-friendly rules while in D.C.
yellen occ pick

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Bitcoin’s Seesaw Ride Following Yellen’s Interest Rate Comments
Yesterday, bitcoin and the stock market fell following comments from U.S. Treasury Secretary Janet Yellen about the possibility of raising interest rates. Later, Yellen walked back her remarks, and bitcoin, apparently responding, bounced. “All About Bitcoin’s” host Christine Lee looks at the price fluctuations in the Chart of the Day.
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