Treasury Secretary Janet Yellen Calls Crypto ‘Transformative’ in Wide-Ranging Speech

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Treasury Secretary Janet Yellen Calls Crypto ‘Transformative’ in Wide-Ranging Speech

Any potential CBDC design would have to address its impact on the financial system, ability to address financial crime and national security questions, privacy implications, ability to address macro policy and how it might interact with existing fiat currencies, stablecoins or other CBDCs, Yellen said. www.coindesk.com

Any potential CBDC design would have to address its impact on the financial system, ability to address financial crime and national security questions, privacy implications, ability to address macro policy and how it might interact with existing fiat currencies, stablecoins or other CBDCs, Yellen said.

www.coindesk.com