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Crypto Update | Markets Tense as Janet Yellen Teases Disaster

Markets Outlook

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The US Treasury Secretary's Threat to a Catastrophic, Disorderly, SovereignDefault

US Treasury Secretary Janet Yellen says the date in which the US will likely default is June 5. The true catastrophe for the dollar's reserve status would be if the government could not pay interest and redemption on treasuries. A federal judge ruled that the US Securities and Exchange Commission cannot seal documents tied to former official William Hinman's 2018 speech about digital assets.

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