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Biden's pick for Fed vice chair for supervision calls for congressional action on stablecoins

Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study."

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Biden's pick for Fed vice chair for supervision calls for congressional action on stablecoins

Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study."

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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