The Federal Reserve’s top regulatory official said on Friday the central bank is “a long way” from any decision on whether it would issue its own digital currency, and added it would not do so without official support in Washington. Fed Vice Chair for Supervision Michael Barr said while officials are investigating a central bank digital currency (CBDC), the Fed was far from any decision. He added it would only proceed with one with “clear support” from the president and authorizing legislation from Congress. “In my view, as both the issuer of U.S. currency and an operator in the payments system, the Federal Reserve ... (full story)