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Treasury Secretary Janet Yellen Warns of Crypto Risks

Yellen is set to tell U.S. lawmakers that the FSOC is especially wary of stablecoins and the potential for digital asset runs.

Updated Mar 8, 2024, 9:04 p.m. Published Feb 5, 2024, 10:56 p.m.
U.S. Secretary of the Treasury Janet Yellen is set to warn lawmakers about crypto hazards to financial stability. (Jesse Hamilton/CoinDesk)
U.S. Secretary of the Treasury Janet Yellen is set to warn lawmakers about crypto hazards to financial stability. (Jesse Hamilton/CoinDesk)