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

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

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A significant portion of central banks worldwide have delayed their plans for launching CBDCs, citing regulatory challenges.

Send a sweet thank you for the birthday wishes you have received on your special day. You must be overwhelmed to receive greetings from your friends, colleagues, and family. Positive psychology ...