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 ...

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 ...

The Federal Reserve is no longer exploring the idea of creating a new liability for interbank settlements. Instead, it is ...

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

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

Republican senators revived a bill last week to block the Federal Reserve from creating a central bank digital currency.

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

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

On inflation, Powell said personal consumption expenditures (PCE) prices have risen 2.6% over the 12 months ending in ...

The Chairman of the Federal Reserve, Jerome Powell, recently discussed the possibility of a digital dollar during a virtual panel organized by the Ba ...

The Russian government is reportedly keen on issuing digital ruble benefits payments, but experts think adoption hurdles await Moscow’s CBDC.