Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

Crypto, Financial Crime, Tech

US Treasury Secretary Janet Yellen says digital assets could offer ‘significant opportunities’ if risks are mitigated

By Elizabeth Hearst for AMLi

Digital assets could provide “significant opportunities”, if risks are appropriately mitigated, US Treasury Secretary Janet Yellen said today. 

Speaking as the US Department of the Treasury published three reports linked to President Joe Biden’s Executive Order on Digital Assets, Sec. Yellen warned that innovation without “appropriately addressing” its impact could “result in significant disruptions and harm” to the financial system and individuals. 

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!