US Treasury's Yellen Says Crypto Doesn't Have Adequate Regulation Calls FTX Collapse 'a Lehman Moment' Regulation Bitcoin News
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U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry really needs to have adequate regulation.She added: It's a Lehman moment within crypto, and crypto is big enough that we've had substantial harm with investors.Treasury Secretary Janet Yellen on FTX Implosion and the Need for Adequate Crypto Regulation U.S. Treasury Secretary Janet Yellen talked about the need for adequate crypto regulation following the collapse of crypto exchange FTX at an event hosted by the New York Times Dealbook Wednesday.
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