U.S. Treasury Secretary Yellen denies directing or coordinating cryptocurrency regulation

According to BlockBeats, on July 10, Fox Business reporter Eleanor Terrett revealed that U.S. Treasury Secretary Janet Yellen testified before the U.S. House Financial Services Committee that she did not "dictate" the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) on cryptocurrency regulation, that is, she did not provide guidance or coordination.