Federal Reserve Chairman Jerome Powell engaged with the Senate Banking Committee, signaling that the U.S. is just beginning to contemplate the introduction of a central bank digital currency (CBDC). Powell Assures No Direct Fed Accounts in CBDC Plans, Seeks Congressional Go-Ahead In his conversation with the Senate Banking Committee, Fed Chair Jerome Powell explored the […]
Source: https://news.bitcoin.com/fed-chair-powell-eases-cbdc-concerns-us-far-from-direct-fed-accounts-emphasizes-need-for-congressional-approval/