The candidate for the post of head of the US Treasury Department saw in cryptocurrencies not only negative

US Treasury Secretary nominee Janet Yellen said on Thursday that cryptocurrencies and digital assets have the potential to " improve the efficiency of the financial system."

"Bitcoin and other digital assets and cryptocurrencies enable financial transactions around the world. Like other technological advances, they have potential benefits for the United States and our allies, " Yellen said in a text prepared in response to questions from the Senate Finance Committee. – At the same time, they provide opportunities for states and non-state actors seeking to circumvent the existing financial system and undermine American interests. For example, the central bank of China has just released its first digital currency."

Yellen once again mentioned that cryptocurrencies can be used to finance terrorism, money laundering and other illegal activities that threaten the interests of US national security, as well as the integrity of the global financial system.

"I think we should take a better look at how to promote full-fledged activities while limiting illegal ones," she added. "If approved, I intend to work closely with the Federal Reserve Board of Governors and other federal banking and securities regulators to implement an effective regulatory framework for these and other financial technology innovations."

Shortly before that, Yellen had already spoken out on the topic of cryptocurrencies, but then her comments were extremely negative. A vote on her confirmation is expected this Friday.

Earlier, the administration of the new US President Joe Biden froze the proposals of the last administration, including the establishment of additional control when withdrawing cryptocurrencies from exchanges to users ' own wallets.