Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs

US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending a central bank digital currency (CBDC).
Powell made the statement during a March 7 Senate Banking Committee hearing on monetary policy.

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BIS to focus on tokenization, CBDC as part of 2024 strategy

The Bank for International Settlements (BIS) has revealed its strategic priorities for 2024, with a particular emphasis on Central Bank Digital Currencies (CBDCs) and tokenization.
The 2024 roadmap points to a continuation of the watchdog’s engagement with digital financial technologies.

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