🚨BREAKING: Federal Reserve Chair Jerome Powell has made it clear there are no immediate plans for a U.S. central bank digital currency (CBDC).
Speaking to Congress, Powell emphasized that a CBDC would require Congressional approval, and stated,
"We have no plan to do that."
This marks a significant step back from the fast-paced CBDC developments we've seen in other countries.
#CBDC #JeromePowell #FederalReserve #CryptoRegulation
circuitryhubinsights / Circuitry Hub Insights
npub1e0…ypcuv
2024-08-01 09:37:47
Author Public Key
npub1e0r8k3ghjevnd5fh3ewl5jcpcemaf3dkjfevv0jst6qg7mkafrxq3ypcuvPublished at
2024-08-01 09:37:47Event JSON
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"content": "🚨BREAKING: Federal Reserve Chair Jerome Powell has made it clear there are no immediate plans for a U.S. central bank digital currency (CBDC). \n\nSpeaking to Congress, Powell emphasized that a CBDC would require Congressional approval, and stated, \n\n\"We have no plan to do that.\" \n\nThis marks a significant step back from the fast-paced CBDC developments we've seen in other countries. \n\n#CBDC #JeromePowell #FederalReserve #CryptoRegulation https://video.nostr.build/12684a21a7a297785268e3db0b0d3c549577b6b43eb5f902f8dc9516cbaa1312.mp4",
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