However, Yellen says she remains committed to achieving a sensible regulatory framework for digital assets
US Treasury Secretary Janet Yellen stated that the Treasury is not responsible for mediating between the CFTC and SEC on crypto regulation. She made these comments during a July 9 hearing of the House Financial Services Committee. Yellen emphasized that the FSOC's role is not to adjudicate regulatory disputes.
The US Treasury Secretary stressed the urgency of addressing these emerging risks during an AI conference