On the recordJuly 14, 2021
I would agree that the more direct route would be to appropriately regulate stablecoins.
Source
congress.govI would agree that the more direct route would be to appropriately regulate stablecoins.
Powell supports regulating stablecoins instead of rushing into a CBDC.
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I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.
We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.