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The Independent UK

National

Via AP news wire

Yellen calls for crypto regulation to reduce risks, fraud

Janet Yellen Joe Biden

Copyright 2022 The Associated Press. All rights reserved

Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off fraudulent and illicit transactions.

In practice, one result would be that users would get documentation of their crypto dealings for use in filing their taxes.

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