VOICED : Secretaria del Tesoro de EEUU pedirá reglamentar más las criptomonedas

VOICED : Secretaria del Tesoro de EEUU pedirá reglamentar más las criptomonedas

Assessment

Interactive Video

Social Studies, Business

10th Grade - University

Hard

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Janet Yellen, the US Treasury Secretary, emphasized the need for updated regulations on cryptocurrencies as traditional financial institutions engage more with digital assets. The US Treasury is preparing a report on digital currency, requested by President Biden, to be completed within six months. This report could lead to the development of a digital dollar by the US Central Bank. Current regulatory authorities are encouraged to enforce laws to protect interests, and the digital dollar project could significantly impact global finance.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason Janet Yellen calls for stronger cryptocurrency regulations?

To ensure traditional banks can profit from digital assets

To promote the use of cryptocurrencies over traditional currencies

To increase the value of cryptocurrencies

To adequately address the risks associated with digital asset activities

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the U.S. Treasury currently working on regarding the future of currency?

A report on the history of the U.S. dollar

A report on the benefits of cryptocurrency over traditional money

A report on the future of currency, including a digital dollar

A report on the decline of physical currency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who requested the report on the future of currency that the U.S. Treasury is working on?

The Federal Reserve

The U.S. Congress

President Joe Biden

The International Monetary Fund

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could be a significant outcome if the digital dollar project is successful?

It could increase the value of the U.S. dollar

It could lead to the end of physical currency

It could revolutionize global finance dominated by the U.S. dollar

It could make cryptocurrencies obsolete

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is emphasized as important for those exploiting others in the financial sector?

They should be allowed to continue without interference

They should be held accountable for their actions

They should be given more regulatory freedom

They should be rewarded for their innovation