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Fed Chair Jerome Powell testifies on a central bank digital currency: We have not decided to do it

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#JeromePowell #digitalcurrency #FedChairJeromePowell
Fed Chair Powell on a central bank digital currency: “The existing digital currencies that are not backed, [are] vehicles for speculation... They’re a speculation like gold, that’s what they’re used for. Whereas, potentially the U.S. CBDC would have a wider view.”
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