(Reuters) – Digital assets not ruled by authorities regulation will in all probability be introduced inside a algorithm in some unspecified time in the future, U.S. Federal Reserve Chair Jerome Powell mentioned on Wednesday.
“It’s extremely likely that digital monetary actions which are at present outdoors the regulatory perimeter will discover their method, will be introduced inside it, which is critical to stage the taking part in area, hold the belief of customers, shield shoppers and all that,” Powell mentioned throughout a panel dialogue on digital currencies organized by the Bank for International Settlements.
(Reporting by Lindsay Dunsmuir and Ann Saphir; Editing by Chizu Nomiyama)
