Shifting its stance from largely ignoring CBDCs, a Federal Reserve governor says the central financial institution is now actively learning the pot
Shifting its stance from largely ignoring CBDCs, a Federal Reserve governor says the central financial institution is now actively learning the potential for a U.S. digital forex.
That’s the best way Meltem Demirors described Federal Reserve Governor Lael Brainard’s remarks at Stanford yesterday. For the primary time, the Fed has said it’s actively researching and experimenting with digital currencies and distributed ledger applied sciences. It is a change in tone from a Fed that, when requested beforehand, has roughly dismissed digital currencies.
On this episode, @nlw seems to be at Brainard’s speech, together with: the most recent from Japanese lawmakers proposing a digital forex to counteract the affect of a forthcoming Chinese language digital yuan; a Financial institution for Worldwide Settlements digital forex working group with six main central banks; and the potential implications of CBDCs on bitcoin.
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