STEVEN MNUCHIN AND JANET YELLEN
U.S. Treasury Secretary Steven Mnuchin has just one week left to issue sign any paperwork regarding his ongoing digital currency regulation discussions with G7 finance ministers and central bank governors. Janet Yellen (pictured) will be Mnuchin's successor. Her senate confirmation hearing is scheduled for Jan. 19.
- On Dec. 7, Treasury Secretary Mnuchin held his twelfth meeting with G7 members to discuss digital assets and cryptocurrencies.
- He has focused on the developments surrounding central bank digital currencies (CBDCs) and the use of private cryptocurrencies for criminal activities.
- Central Bank Governors and Finance Ministers from Canada, France, Italy, Germany, the U.K, Japan, the Eurogroup, the European Commission, the head of the IMF, World Bank, and FSB have joined Mnuchin in these discussions.
- According to Mnuchin's office, G7 members support more transparent digital currency regulations.