President of the Minneapolis Federal Reserve Bank, Neel Kashkari, participated in a fireside chat at the Minnesota Transportation Conference and Expo on May 15. While he spoke mostly about topics unrelated to cryptocurrency and blockchain, he gave a blunt assessment of central bank digital currencies (CBDCs) during the Q&A after his presentation.“We’re studying it,” Kashkari said of CBDCs, adding that the Fed believes it would take an act of Congress to allow it to issue its own digital currency:Continue Reading on Coin Telegraph