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Fed still undecided about digital dollar, says Chair Jerome Powell By Cointelegraph


Fed still undecided about digital dollar, says Chair Jerome Powell

The United States Federal Reserve is still evaluating the prospects of introducing a digital currency for the country but says it has not yet decided on the matter.

Speaking at a news conference on Wednesday, Powell stated that the Federal Reserve was studying the merits of creating a digital dollar and has plans to issue a paper on the matter.