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Jerome Powell

Federal Reserve to oversee digital asset activities for US banks
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11 August, 2023

Federal Reserve to oversee digital asset activities for US banks

Under a new program, the Federal Reserve will expand its oversight on novel banking activities like digital assets and other...
US Fed to launch FedNow instant payment service amid fears it could end CBDC interest
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16 March, 2023

US Fed to launch FedNow instant payment service amid fears it could end CBDC interest

FedNow gives users an instant 24/7 settlement service—part of the key appeal of a CBDC—and is fully endorsed by the...
Crypto’s US banking access more uncertain than ever
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8 March, 2023

Crypto’s US banking access more uncertain than ever

Silvergate has been living on borrowed time since it failed to file its latest financial report with the U.S. Securities...
Fed chair says DeFi isn’t transparent enough
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30 September, 2022

Fed chair says DeFi isn’t transparent enough

James Powell, backed by prominent financial regulators, highlights the need to enforce appropriate directives to deal with "issues" concerning DeFi...
Jerome Powell confirmed to continue as US Federal Reserve chairman
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17 May, 2022

Jerome Powell confirmed to continue as US Federal Reserve chairman

Jerome Powell has been confirmed to continue as the chairman of the United States Federal Reserve Bank, garnering 80-19 votes...