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 ...

A number of Fed officials recently have openly questioned the need for one, and Powell has repeatedly said the Fed is not eager to be first with a CBDC but to get it right, if it goes down that ...

Powell largely reiterated his stance from two ... U.S. financial system would not adopt a central bank digital currency (CBDC) under his leadership, a long-standing concern within the crypto ...

Federal Reserve Chair Jerome Powell told US lawmakers in the Senate that the department would not issue a central bank digital currency (CBDC) while he was chair. Speaking at a Feb. 11 Senate ...

"A U.S. CBDC (central bank digital currency) could... potentially help maintain the dollar's international standing," Powell said in introductory remarks to a research conference held by the ...

Powell said a paper that focuses on the benefits and risks associated with a CBDC in the US will be out sometime in September. He also responded to a question about the record inflation rates the ...

It is more important for the US to get the development of a cross-border digital currency (CBDC) right than to be first, Federal Reserve chair Jerome Powell said. Speaking to a panel discussion ...

Many Fed officials like Fed Chair Jerome Powell have been noncommittal on a digital dollar. But Fed Governor Michelle Bowman recently highlighted the risks involved in setting up a CBDC system.

The Fed views it as a less risky option to other cryptocurrencies and stablecoins, though Fed Chair Jerome Powell has said that private sector stablecoins could exist alongside a CBDC. Yet the Fed ...

The CBDC Anti-Surveillance State Act was led by ... CONSUMER ETFS SHOWING THE REAL INFLATION PICTURE Federal Reserve Chair Jerome Powell said the financial regulatory body was "nowhere near ...