🚨BREAKING: Federal Reserve Chair Jerome Powell has made it clear there are no immediate plans for a U.S. central bank digital currency (CBDC).
Speaking to Congress, Powell emphasized that a CBDC would require Congressional approval, and stated,
"We have no plan to do that."
This marks a significant step back from the fast-paced CBDC developments we've seen in other countries.
#CBDC #JeromePowell #FederalReserve #CryptoRegulation https://video.nostr.build/12684a21a7a297785268e3db0b0d3c549577b6b43eb5f902f8dc9516cbaa1312.mp4