#PowellRemarks Powell's Remark on Cryptocurrency – Short Note:

Federal Reserve Chair Jerome Powell has expressed cautious views on cryptocurrencies. He stated that while digital assets like Bitcoin and stablecoins are innovative, they pose significant risks to financial stability, investor protection, and monetary policy. Powell emphasized the need for a strong regulatory framework and noted that the Fed is exploring the potential of a central bank digital currency (CBDC), but any move would require careful consideration and public input.