Fed sees stablecoin as form of money, wants 'robust' role in its oversight, Powell says

U.S. Federal Reserve Board Chair Jerome Powell stated at a hearing of the House of Representatives Committee on Financial Services that his agency sees stablecoins as money.

Related Keywords

United States ,Washington ,Jerome Powell ,Rostin Behnam ,Gary Gensler ,Maxine Waters ,Chris Giancarlo ,Senate Banking Committee ,House Of Representatives Financial Services Committee ,Monetary Policy ,Commodity Futures Trading Commission ,Exchange Commission ,United States Federal Reserve Board ,Chair Jerome Powell ,Representatives Financial Services Committee ,Chair Gary ,Semi Annual Monetary Policy Report ,Financial Services ,Operation Choke ,