• Fed Chairman Jerome Powell: Central bank digital currency? We don't need no stinkin' central bank digital currency! (via Federal Reserve Bank).
    Fed Chairman Jerome Powell: Central bank digital currency? We don't need no stinkin' central bank digital currency! (via Federal Reserve Bank).
    Cryptocurrencies,  Politics

    Fed Chairman Powell calls U.S. central bank digital currency pointless

    America’s chief central banker told two congressmen that the problems a CBDC could solve are largely limited to poorer developing countries.

    November 21, 2019 /

    Federal Reserve Chairman Jerome Powell poured cold water on the idea of a United States-issued central bank digital currency happening anytime soon. Responding to two Congressmen, Powell wrote, “it is not yet clear what additional value a general purpose CBDC could provide in the U.S.”

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  • Not even a few hours after it was announced and there's already stock photos of Facebook's libra cryptocurrency (via Shutterstock).
    Not even a few hours after it was announced and there's already stock photos of Facebook's libra cryptocurrency (via Shutterstock).
    Europe,  Libra,  United States

    From Europe and America, Facebook’s Libra cryptocurrency faces suspicion

    The social media giant will also have a high regulatory hurdle to jump before launching the digital asset

    June 18, 2019 /

    Less than 12 hours after it was announced, Facebook’s new libra cryptocurrency was already causing the kind of concern in European financial circles that even Bitcoin has not been able to generate.

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