Update: US Treasury Secretary Sees ‘No Need’ for Digital Currency, Crypto Critic Chairs US …

Update: US Treasury Secretary Sees ‘No Need’ for Digital Currency, Crypto Critic Chairs US Committee, EU Pushes Back Against Stablecoins

US Treasury Secretary Steven Mnuchin, who has called Bitcoin and cryptocurriences a threat to national security, and Federal Reserve Chairman Jerome Powell, who has stated that the Fed is keeping a close eye on the developments of central bank digital currencies, say there’s no need for a digital US dollar.