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3232Fed Chair Powell Provides Update on US Central Bank Digital Currency
https://www.digit.info/fed-chair-powell-provides-update-on-us-central-bank-digital-currency/
Fri, 10 Mar 2023 05:20:03 +0000https://www.digit.info/2023/03/10/fed-chair-powell-provides-update-on-us-central-bank-digital-currency/Read more]]>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 “policy issues are equally important.” Fed Chair Powell on CBDC Progress During a hearing […]
]]>Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’
https://www.digit.info/fed-chair-jerome-powell-says-you-wouldnt-need-cryptocurrencies-if-you-had-a-digital-us-currency/
Thu, 15 Jul 2021 15:30:02 +0000https://www.digit.info/2021/07/15/fed-chair-jerome-powell-says-you-wouldnt-need-cryptocurrencies-if-you-had-a-digital-us-currency/Read more]]>Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair also insists that the U.S. is not in danger of losing its reserve currency status. Fed Chair Powell Thinks Cryptocurrencies […]
]]>The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’
https://www.digit.info/the-fed-is-carefully-examining-digital-dollar-chairman-jerome-powell-says-very-high-priority-project-for-us/
Wed, 24 Feb 2021 16:30:09 +0000https://www.digit.info/2021/02/24/the-fed-is-carefully-examining-digital-dollar-chairman-jerome-powell-says-very-high-priority-project-for-us/Read more]]>Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U.S. Treasury Secretary Janet Yellen on the benefits of issuing a digital dollar. The Fed Is Looking Carefully at a Digital Dollar Fed […]