<h1>Fed Chair Nominee Powell Testifies On Bitcoin & Blockchain Technology</h1>
Submitted by Anonymous (not verified) on Tue, 11/28/2017 - 23:14
Earlier today, Jerome Powell testified before the Senate Banking Committee, an early step in the process to his confirmation as chair of the Federal Reserve. Cryptocurrency is “not big enough” to matter just yet, said Powell, but he signaled interest in blockchain technology, possibly applied to wholesale payments systems.