• Market Cap: $266b

  • Jul 09, 2020

Federal Reserve Is Working Hard On A Digital Dollar, Libra Was A Game Changer

Appearing before the  U.S. House Committee on Financial Services, Jerome Powell, the reigning Chair of Federal Reserve Bank of the US, revealed that the central bank is working extra hard to launch a digital in the near future.

Cryptos Not Big Enough to Pose Threat: Fed Chairman

The Fed chairman also added that the cryptocurrencies are out of the regulatory control of the Fed and that it isn’t seeking to “provide oversight.”