Search Results for: Federal Reserve CBDC

Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies

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Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to…

US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity

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Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, como “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.” US Lawmakers Comment on China’s Cryptocurrency…