Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...

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

Key Takeaways Federal Reserve Chair Jerome Powell said the Fed will never launch a Central Bank Digital Currency while he is ...

The Chairman of the US Federal Reserve, Jerome Powell, was testifying before the Senate Banking Committee today. While ...

At his semiannual testimony, Fed Chair Powell confirmed that the US will not introduce a CBDC as long as he remains in charge. Fed Chair Jerome Powell said Tuesday that the US central bank will not ...

As crypto firms and their new government allies rail against U.S. regulators for chasing them out of banking, Powell says ...

The Donald Trump administration has advocated for stablecoins development instead of a Federal CBDC akin to China’s Digital Yuan (e-CNY).

Federal Reserve Chair Jerome Powell testified before the US Senate Banking Committee on Feb. 11, fielding questions on ...

Powell expresses concern over crypto debanking and signals a possible regulatory shift. Fed remains skeptical of stablecoins ...

Over the years, multiple officials have raised concerns, with most saying there was no obvious need for a CBDC and citing concerns over privacy and other issues. Powell also has stressed that ...