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Treasury Secretary Mnuchin & Fed Chair Powell: No Plans for National Cryptocurrency

According to Treasury Secretary Steven Mnuchin, the U.S. government sees no use of diving into cryptocurrency anytime soon.Mnuchin was speaking at the House Financial Services Committee in Washington. The decision to not creating a national digital currency comes after a discussion with Jerome Powell, Chairman of the Federal Reserve. The

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FED Chairman Jerome Powell Compares Bitcoin to Gold

Just recently, during his testimony before the Senate Banking Committee, FED Chairman Jerome Powell looked into the Facebook’s Libra cryptocurrency, compared Bitcoin to Gold, saying that it’s an alternative to the asset.Recently in a hearing with the Senate Banking Committee, Jerome Powell was talking about Facebook’s recent cryptocurrency project Libra

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