Secretary Yellen recognizes ‘benefits of crypto’ despite lingering skepticism

Yellen was keen to raise some concerns around the market’s financial stability, in addition to consumer investment protection, and its usage for illicit transactions. Janet Yellen, the 78th United States Secretary of the Treasury, spoke Friday morning on CNBC’s flagship business and politics show Squawk Box, on an array of topics from the growth of the renewable energy sector amid Russia’s economic isolation, the rising levels of inflation and Federal Reserve responsibility, as well as her current perspective on digital assets.

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