Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.

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 ...

Federal Reserve Chair Jerome Powell testified before the US Senate Banking Committee on Feb. 11, fielding questions on ...

The Chairman of the US Federal Reserve, Jerome Powell, was testifying before the Senate Banking Committee today. While ...

Holding BTC is not necessarily an endorsement, but it’s definitely in the interests of the United States as it looks to ...

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 ...

Everyone and their mother is begging to be on this council,” said one crypto source angling to get a spot — even admitting he ...

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 ...

"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." ...

Republican senators revived a bill last week to block the Federal Reserve from creating a central bank digital currency.