Yellen Says Crypto Poses No Systemic Risk to Financial System
The Treasury Secretary shared her concerns about stablecoins with Congress, but said crypto poses no "systemic risk" to the U.S. financial system.
Original source
Read on DecryptRelated market context
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Scammers Exploit World Cup Hype as SEC and Congress Reshape Crypto Policy
Crypto scammers exploit World Cup hype as SEC proposes rule changes for tokenised stocks and Congress introduces a DOJ-led task fo...
Anthropic’s dramatic model release strategy raises censorship risks, the shift to proprietary AI models is accelerating, and Chinese open source solutions are outperforming US counterparts | All-In Podcast
Chinese open source AI models surpass American counterparts, challenging global competitiveness and raising governance concerns. T...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...