Yellen Applauds White House’s ‘Historic’ Crypto Executive Order
- She cites balance between innovation and consumer protection
- Order marks first attempt at coordinating government strategy
This article is for subscribers only.
A Biden administration cryptocurrency executive order strikes the right balance between encouraging responsible innovation and addressing potential risks to consumers and the broader financial system, Treasury Secretary Janet Yellen said in a statement posted to The Treasury Department’s website Tuesday night.
The statement, which was dated March 9, has since been removed. A Treasury spokesperson declined to comment further.