Bitcoin jumps after apparent Yellen statement quells U.S. clampdown fears

Published by
Reuters UK

By Kevin Buckland and Tom Westbrook TOKYO (Reuters) – Bitcoin led a rally in cryptocurrencies on Wednesday after what appeared to be a prematurely published U.S. Treasury statement allayed market worries about a sudden tightening of U.S. rules around digital assets. In a statement that briefly appeared on the Treasury website before it was taken down, Treasury Secretary Janet Yellen said a still-pending executive order on virtual currencies from President Joe Biden “calls for a coordinated and comprehensive approach to digital asset policy (that) will support responsible innovation.” CoinDesk …

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