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Fed Chair Powell Provides Update on US Central Bank Digital Currency


Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that...

Federal Reserve Chairman Powell Speaks Out: We Don't Want to Stifle Crypto


Federal Reserve Chairman Jerome Powell has made it clear that the central bank doesn't want to prevent crypto innovation but warned that the industry is still replete with fraud and risks.  On Tuesday, Powell testified on Capitol Hill before the Senate Banking Committee. When asked about...

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