Janet Yellen’s secretariat for “creative problems” is the worst use of cryptocurrencies, although it is called “the promise of these new technologies”.
Janet Yellen, Secretary of the Treasury of EE.UU., advises these markets that the cryptocurrencies are used, among other things, with delinquent fines.
“The misuse of cryptocurrencies and virtual assets is also a growing problem”, said the official during a roundtable discussion on innovation policies in the financial sector.
“It’s the promise of these new technologies, but it’s also the reality: the cryptocurrencies are used to create the drug traffickers’ lines, they have a tool to finance terrorism,” said Yellen.
“Since my time in the Federal Reserve, it has been critical that juegan its institutions in the loop against crimes like these”, aggregate the official, who collected the Fed between 2014 and 2018, to direct to regulators, legalists and experts that participate en la mesa redonda.
At the same time, Yellen states that the private sector has “enormous resources” to “prevent malicious actors from harming existing technologies”, in addition to depleting existing technologies.