President Biden picks Jerome Powell to be next Fed chair
During his time as Fed chair, Powell has said the agency was “working proactively to issue a CBDC” but was unlikely to support a blanket ban on crypto.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
During his time as Fed chair, Powell has said the agency was “working proactively to issue a CBDC” but was unlikely to support a blanket ban on crypto.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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