U.S. Treasury Secretary Yellen: Plans to discuss cryptocurrency regulation at APEC meeting
US Treasury Secretary Yellen announced plans to discuss regulatory issues surrounding cryptocurrency, stablecoins, and central bank digital currencies (CBDCs) at the Asia-Pacific Economic Cooperation (APEC) summit. Yellen said she looks forward to hearing about the role that crypto assets and blockchain">blockchain technology can play in the financial system, as well as the regulatory direction of their respective supervisory departments.
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US Labor Department changes tune on crypto in 401(k) plans
Share link:In this post: The US Department of Labor reversed an earlier guidance that discouraged retirement managers from considering crypto as an investment option in 401(k) plans. The government’s stance is now fully neutral, meaning plan providers can offer digital asset exposure. The SEC will hold a major “Emerging Trends in Asset Management” conference on June 5.

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