Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.
Fed chair says he will not launch a digital dollar
Federal Reserve Chair Jerome Powell testified before the US Senate Banking Committee on Feb. 11, fielding questions on ...
decrypt1h
Fed Chair Jerome Powell Says No US CBDC Under His Watch
Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...
Crowdfund Insider1h
Fed Chair Jerome Powell Says No Way to a Central Bank Digital Currency (CBDC)
The Chairman of the US Federal Reserve, Jerome Powell, was testifying before the Senate Banking Committee today. While ...
CoinDesk1dOpinion
Why Trump Is Right on a Digital Currency Reserve
Holding BTC is not necessarily an endorsement, but it’s definitely in the interests of the United States as it looks to ...
Almost a third of central banks delaying digital currency plans, report shows
Nearly a third of central banks have pushed back launching digital versions of their currencies, a new survey shows, although a desire to protect their money-minting powers mean most still intend to ...
NBC 10 Philadelphia26d
Trump's Treasury pick Bessent says heavier Russia sanctions coming, no reason for digital currency
President-elect Donald Trump's pick for Treasury secretary testified Thursday before the Senate Finance Committee, both stating his case for the position and laying out the economic agenda for the ...
CoinDesk26d
Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency
"I see no reason for the U.S. to have a central bank digital currency," he said. "In my mind, a central bank digital currency is for countries who have no other investment alternatives." ...