News Formal

Crypto industry reacts as US Treasury fails to add digital assets in new strategy

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Cryptocurrencies Nieuws

Regulation

In a speech at the ABA Annual Convention on Tuesday, US Treasury Secretary Janet Yellen revealed a new National Strategy for Financial Inclusion (NSFI), but the issue failed to mention crypto in a good light.

Crypto industry members are showing displeasure toward the new US Treasury national strategy for financial inclusion. The strategy addresses new financial approaches but refers to crypto as a risk. With the US presidential elections a few days away, the newly released strategy may negatively affect Kamala Harris' chances.

This comes after reports stated that the US Treasury plans to take debts of $1.3 trillion over the next six months to keep the economy stable. The debt includes $546 billion in this final quarter and another $823 billion in the first quarter of 2025. Democrat candidate Kamala Harris hasn't shown a clear stance toward digital assets, and industry enthusiasts now wonder if she is involved in the US Treasury's final move.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 14. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Crypto Exchange Market Share Shifts as Binance Loses Ground to Crypto.comCrypto Blog
Bron: Crypto_Potato - 🏆 568. / 51 Lees verder »

Crypto Market Rebounds Despite SEC’s XRP Appeal as Crypto All-Stars ICO Continues to GrowCrypto Blog
Bron: Crypto_Potato - 🏆 568. / 51 Lees verder »