December 14, 2024

AndronETalksNews

AndronETalksNews

The Fed is evaluating whether to launch a digital currency and in what form, Powell says

CNBC

By Jeff Cox – September 22, 2021

The Federal Reserve is pushing ahead with its study into whether to implement its own digital currency and will be releasing a paper on the issue shortly, Chairman Jerome Powell said Wednesday.

No decision has been made on the matter yet, he added, and said the Fed does not feel pressured to do something quickly as other nations move forward with their own projects.

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