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US Treasury's Yellen To Urge Congress For Legislation On Stablecoins, Crypto Spot Markets

Janet Yellen will urge lawmakers on Tuesday to pass legislation that will establish the regulatory framework for crypto regulation, including rules for stablecoins and spot markets.

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CFTC Chair Pushes For Sweeping Regulatory Overhaul After Landmark US Bitcoin ETF Approval

"The need for federal legislation over cash market digital assets has never been more critical, and I will continue my call for action," the CFTC chair said.

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