At Tuesday’s hearing, Powell was asked by Sen. Pat Toomey (R-Pa.), the committee’s ranking member, whether a CBDC couldn’t coexist with “well-regulated, privately issued stablecoins,” if Congress gave the Fed the authority to pursue the digital currency. www.coindesk.com
At Tuesday’s hearing, Powell was asked by Sen. Pat Toomey (R-Pa.), the committee’s ranking member, whether a CBDC couldn’t coexist with “well-regulated, privately issued stablecoins,” if Congress gave the Fed the authority to pursue the digital currency.
www.coindesk.com