Federal Reserve Chairman Jerome Powell said that the U.S. central bank plans to recommend to Congress how to advance a potential central bank digital currency (CBDC), according to Coindesk.
When asked about the Fed’s next steps regarding the rollout of a CBDC, Powell told U.S. lawmakers in a Thursday monetary-policy hearing that “it’s something we really need to explore as a country” and that “it should not be a partisan thing.”
“It’s a very important potential financial innovation that will affect all Americans,” he said. “Our plan is to work on both the policy side and the technological side in coming years and come to Congress with a recommendation at some point.”
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
