Categories
Uncategorized

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

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

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 Ban’ Crypto The chairman of the Board of Governors of the Federal Reserve System, Jerome Powell, talked about cryptocurrency, stablecoins, and central bank digital currencies (CBDC) during a hearing before the House Financial Services Committee Thursday. The main focus of the meeting, however, was the Federal Reserve’s and Treasury’s…

The post Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies appeared first on Technology Manias.

Leave a Reply

Your email address will not be published. Required fields are marked *