Yellen Says FTX Collapse Shows Weaknesses in Entire Crypto Sector — Fed Brainard Pushes For Strong Regulation
Janet Yellen, U.S. Treasury Secretary, and Lael Brainard, Federal Reserve Vice Chair, have stressed the importance of strong crypto regulation. Yellen stated that the FTX crash shows “the weaknesses of the entire crypto sector” while Brainard warned that failures from one platform can “spilling over into other sectors.” U.S. Treasury Secretary Janet Yellen
