Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued “repeated warnings about the lack of oversight of the digital asset markets,” the lawmakers detailed, questioning Yellen how the council believes existing laws should apply bitcoin, ether, and non-security crypto assets. […]
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The US Department of Justice (DOJ) is seeking forfeiture of more than $61 million in Tether’s USDT stablecoin, alleging the funds came from black-market sales of sanctioned Iranian...
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