U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data. source: https://www.coindesk.com/policy/2024/03/07/us-fed-chair-powell-says-nowhere-near-pursuing-cbdc-wont-spy-on-americans/?utm_medium=referral&utm_source=rss&utm_campaign=headlines