Bitcoin.com News|Feb 12, 2025 01:36
🚨 It’s official: No CBDC in the U.S.—straight from Fed Chair Jerome Powell himself.
When asked if he’d commit to never allowing a central bank digital currency under his leadership, he gave a one-word answer: "Yes."
That’s a massive win for financial freedom. It lines up with Trump’s executive order banning federal agencies from developing or promoting a CBDC. 🇺🇸
Lawmakers are backing it up too—the No CBDC Act is moving through Congress to make sure the Fed can’t act without approval.
Meanwhile, 134 countries are pushing ahead with digital currencies. China’s digital yuan is already tracking transactions, and the EU is deep in development. 🌎
But the U.S. just took a different path. No surveillance. No government-controlled digital dollar.
With the Fed doubling down on private innovation, is America setting the stage for the next big crypto boom? 🚀
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