FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during her interview with Reuters in New Delhi, India, November 11, 2022. REUTERS/Altaf Hussain
NEW YORK (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday said recent turmoil in the cryptocurrency market has not spilled over to the banking sector, but she remained skeptical about the industry and believed it needed adequate regulation.
Yellen told an event hosted by the New York Times DealBook that it was important to ensure that crypto assets had adequate customer protections.
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