Fed's Barr says 'a long way' from a central bank digital currency

  • Comments from Michael Barr
  • No comments on monetary policy
  • Fed is 'a long way' from any decision on CBDC
  • Would only proceed with clear support of executive branch and legislation from Congress
  • Says he remains 'deeply concerned' about stablecoin issuance without strong federal oversight

There's nothing to move markets here.

Top Brokers

Sponsored

General Risk Warning