Bitcoin is much closer to gold than to dollar, says Jerome Powell

 Bitcoin is much closer to gold than to dollar, says Jerome Powell


U.S. Federal Reserve says digital currencies can ‘coexist’ with money

Jerome Powell, head of the US Federal Reserve, stated state-backed digital currencies and official Central Financial institution Digital Currencies (CBDCs) can perform alongside fiat cash within the coming years, as per a report on enterprise outlet Bloomberg on Thursday.

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