Jerome Powell Clarifies: US Far From Introducing a Central Bank Digital Currency
Submitted by Anonymous (not verified) on Fri, 03/08/2024 - 04:50
Federal Reserve Chair Jerome Powell stated before the Senate Committee on Banking, Housing, and Urban Affairs that the United States is far from adopting or even recommending the introduction of a central bank digital currency (CBDC), emphasizing a significant distance from such a possibility. He assured that any potential CBDC would not be designed for […]