Janet Yellen, the 78th Secretary of the Treasury of the United States, said that she still has doubts about cryptocurrencies, but the benefits cannot be ignored.
US Treasury Secretary Janet Yellen was a guest on CNBC’s politics program Squawk Box on March 25. Tensions between Russia and Ukraine, rising inflation levels and Germany’s renewable energy sector Yellen, who made statements about cryptocurrencies, spoke highly of cryptocurrencies.
Yellen, who stated that she realized that cryptocurrencies have developed a lot for several years, added to her previous statements. more moderate in appearance He is thought to be speaking.
Yellen said in a statement:
Cryptocurrency has its benefits. We know that the innovations it can add to payment systems can be healthy.
said.
Yellen is also committed to investor protection and concerns about the illegal use of cryptocurrencies. expressed.
In her speech at the US Financial Sector Innovation Policy in February 2021, Yellen said, “I see what this new technology can do, and I cannot ignore its use as money laundering, harmful substances and terrorist financing.” he said.
Yellen, who also made statements about interest rates, said that interest rates will return to normal and The US economy is still very strong told.