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

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

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Social Studies, Business
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10th Grade - University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
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