in

US Senator Pat Toomey supports digital dollar, nomination of Powell as Fed chair

In a Tuesday interview with Bloomberg’s David Westin, Toomey said the U.S. dollar should have “the most sophisticated capabilities of any currency in the world” as the country could benefit from a digital dollar. However, the senator said the rollout of any U.S. central bank digital currency should not rely on the Federal Reserve as a traditional bank for retail accounts, citing issues with privacy.

Continue Reading on Coin Telegraph


Source: Cryptocurrency - investing.com

Stocks making the biggest moves after hours: Nordstrom, Gap, VMware, HP and more

Rocket Lab CEO says companies not reusing rockets are making 'a dead-end product'