Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.

Republican senators revived a bill last week to block the Federal Reserve from creating a central bank digital currency.

The Federal Reserve is no longer exploring the idea of creating a new liability for interbank settlements. Instead, it is ...

Opposition to a CBDC has been growing, with critics arguing that a government-issued digital currency could give authorities excessive control over citizens’ financial activities. Lawmakers fear that ...

Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.

The European Central Bank hopes U.S. President Donald Trump's plan to support cryptocurrencies pegged to the U.S. dollar will ...

Federal Reserve Chairman, Jerome Powell, recently made comments regarding the regulation of cryptocurrencies during a virtual ...

The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...

The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market participants will be keeping a close eye on what Fed officials say about the state ...

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.