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The Daily Hodl 2021-07-16 18:45:40

Federal Reserve Chair Powell Emphasizes Substance Over Speed on Digital Dollar

The chairman of the US Federal Reserve, Jerome Powell, says he is focused on execution rather than speed when it comes to developing a US central bank digital currency. While testifying virtually before the House Financial Services Committee, Powell says the US dollar’s reserve currency status offers the digital dollar a first-mover advantage. “I’m really […]The post Federal Reserve Chair Powell Emphasizes Substance Over Speed on Digital Dollar appeared first on The Daily Hodl.

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