Janet Yellen, US Treasury Secretary has called for a meeting of top financial regulators to discuss the recent market volatility owing to a massive price surge in GameStop(GME), AMC, and Silver courtesy of social media frenzy especially Reddit. Yellen would reportedly talk to the head of the SEC, CFTC, and the Federal Reserve, as per
The latest Bloomberg report from last week suggested that Bitcoin (BTC) has started facing regulatory scrutiny after its massive rally recently. The report arrived soon after the U.S. SEC filed a lawsuit against Ripple on the alleged sale of XRP as unregistered securities. However, crypto analyst Max Keiser notes that there’s nothing to fear here.