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Home » Janet Yellen continues to call for legislation to beef up crypto, AI regulation – CryptoSlate

Janet Yellen continues to call for legislation to beef up crypto, AI regulation – CryptoSlate

Janet Yellen continues to call for legislation to beef up crypto, AI regulation – CryptoSlate

Treasury Secretary Janet Yellen called on Congress to enact stricter regulatory measures for cryptocurrencies and to maintain vigilance on deploying artificial intelligence (AI) in financial services during her latest testimony before the Senate Banking, Housing, and Urban Affairs Committee on Feb. 8.The testimony, part of the Financial Stability Oversight Council’s (FSOC) annual report, highlighted the increasing complexity and potential risks within the digital asset sector and the financial industry’s burgeoning reliance on AI technologies. Her statements echoed the sentiments from her Congressional hearing a few days earlier and her general stance toward the sector.Yellen’s testimony also broached broader issues of concern,… 

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