January 20, 2021 Joe Biden finally assumed the presidency of the United States proclaiming his cabinet and change of government including Janet Yellen

Janet Yellen mentioned bitcoin and other cryptocurrencies are used for money laundering and financing terrorism, indicating that regulations on crypto assets are urgently needed.

It is not the first time that Janet Yellen refers to cryptocurrencies as criminals in her understanding as the US Secretary of the Treasury to regulate them in some way