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Powell guarantees no CBDC as long as he leads the Federal Reserve – TON BOT

TON BOT

Powell guarantees no CBDC as long as he leads the Federal Reserve

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Federal Reserve Chair Jerome Powell confirmed the US will not have a central bank digital currency during his leadership. Senator Moreno expressed relief at Powell’s statement. President Trump signed an executive order prohibiting federal agencies from developing a CBDC. Powell and Governor Waller both emphasized the private sector’s role in driving payment innovation.

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