Federal Reserve Chair Jerome Powell hints that monetary stimulus could be withdrawn thanks to “substantial progress” in the U.S. economic recovery.
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Fed Chair Jerome Powell Says Bitcoin Won’t Replace US Dollar
The growth of cryptocurrencies and the recurring theme of financial inclusion sees many countries ramp up discussion around central bank digital currencies (CBDCs). Countries like
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Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold
Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are
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Bitcoin is ‘more a substitute for gold than the dollar’ — Fed Chair Powell
Jerome Powell reiterates his opinion about Bitcoin as a gold substitute, but a sell-off accompanies his other criticisms.
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