fsoc

U.S. Treasury Department building in Washington
US Rings Crypto Warning Bell That Regulators Say Only Congress Can Silence
The latest report of the Financial Stability Oversight Council says the risky sector needs Congress to intervene, though crypto hasn’t yet posed a danger to the wider financial system.
U.S. Treasury Department building in Washington

CDCROP: Treasury Secretary Janet Yellen Hosts Financial Stability Oversight Council Event (Anna Moneymaker/Getty Images)
What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation
The Financial Stability Oversight Council published its own report on crypto regulations, calling for Congress to designate a spot market regulator.
CDCROP: Treasury Secretary Janet Yellen Hosts Financial Stability Oversight Council Event (Anna Moneymaker/Getty Images)

Sen. Elizabeth Warren
Senator Warren Urges ‘Coordinated and Holistic’ Response to ‘Dangers’ of Crypto
In her letter to Treasury Secretary Janet Yellen, Warren cited DeFi, crypto-enabled cyber attacks and unique threats posed by stablecoins as risks to the financial system.
Sen. Elizabeth Warren

Steven Mnuchin
Top US Financial Regulators Urge Monitoring of Digital Assets, Stablecoins
A panel of top U.S. financial regulators urged federal and state officials to monitor risks from digital assets like bitcoin.
Steven Mnuchin

Treasury image via Shutterstock
US Treasury Report: DLT Data Storage Raises Oversight Concerns
The Financial Oversight Stability Council acknowledged that virtual currencies are becoming more common, but have a limited impact on the economy.
Treasury image via Shutterstock