Updated: February 15, 2024

Fed Chair Powell Briefs Lawmakers on US Central Bank Digital Currency Progress

February 15, 2024

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Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover, the Fed chair reportedly said that a framework for stablecoins is needed. Fed Chair Powell on US CBDC and […]