Powell: Fed has no power to issue CBDC

2024-07-31 19:20

Odaily News Federal Reserve Chairman Powell: The Federal Reserve does not have the power to issue central bank digital currency (CBDC). It does not seek authorization to issue central bank digital currency. (Jinshi)

Recommended Articles

Leading mining pools and computing power ecosystems join the Psy Protocol testnet to jointly build a next-generation PoW smart contract platform.

Profit traps faced by crypto internet banks

Mining companies struggle to survive under squeezed profits: Marathon sells coins to stay afloat, an industry-wide sell-off is brewing.

BitMEX Alpha: Same as before, the encryption period will not expire.

Pro

Data Breakdown: The Battle to Defend $100,000 – Will Bitcoin Rebound or Dip?

The story of Brother Machi's "zeroing out": His account peaked at nearly $60 million, vanishing in 47 days.

Bitcoin had a dismal start to November; is it really going to hit 90,000?

Tracing the Decoupling of $XUSD: Balancer Vulnerability and the Butterfly Effect of DeFi Leverage

24-Hour Flash News

2025-11-07 16:57

Storage tokens generally rose, with FIL surging 119.3% in the last 24 hours.

2025-11-07 16:36

RHEA Finance completes buyback of 2.5 million RHEA tokens

2025-11-07 16:03

The New York Fed's 1-year inflation forecast for October was 3.24%, down from 3.38% previously.

2025-11-07 16:00

Privacy coin ecosystem stocks generally rose, with ROSE up 40% in the last 24 hours.

2025-11-07 15:51

Trump claimed Pelosi "illegally profited" in the stock market.

2025-11-07 15:40

A whale deposited 1.15 million USDC into Hyperliquid to open a short position in ZEC with 10x leverage.

Important News

2025-11-07 16:57

Storage tokens generally rose, with FIL surging 119.3% in the last 24 hours.

2025-11-07 16:03

The New York Fed's 1-year inflation forecast for October was 3.24%, down from 3.38% previously.

2025-11-07 16:00

Privacy coin ecosystem stocks generally rose, with ROSE up 40% in the last 24 hours.

2025-11-07 15:51

Trump claimed Pelosi "illegally profited" in the stock market.

2025-11-07 15:40

A whale deposited 1.15 million USDC into Hyperliquid to open a short position in ZEC with 10x leverage.

2025-11-07 15:35

ETH rebounded and broke through 3300 USDT, narrowing its 24-hour decline to 0.92%.

Download Odaily App

Let Some People Understand Web3.0 First

IOS

Android