JANET YELLEN RE: CRYPTOCURRENCIES AND TERRORISTS
In comments made during her confirmation hearing last month, Secretary of Treasury Janet Yellen said that transactions in cryptocurrencies, such as Bitcoin, were used “mainly for illicit financing” and suggested that lawmakers and regulators curtail their use due to terrorism concerns.
Here are the statements she made in response to a question from Sen. Maggie Hassan, who asked Yellen during her confirmation hearing on Tuesday about the dangers of terrorists using cryptocurrencies: