Crypto Can Coexist With Banks, Federal Reserve Governor Says
US Federal Reserve Governor Christopher Waller told an audience in Wyoming that crypto transactions should not be treated as something foreign or alarming. Related Reading: Yuan-Pegged Stablecoins On The Horizon As Beijing Rethinks Policy Speaking at the Wyoming Blockchain Symposium 2025 on Wednesday, Waller said payments made through decentralized finance operate under the same principles […]
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Federal Reserve Board Governor Christopher Waller says that stablecoins do not need to be regulated with all the same rules as banks. He disagrees with some of the recommendations on stablecoin regulation by the President’s Working Group on Financial Markets. He explained that while banks should be able to issue stablecoins, not all stablecoin issuers need to be banks. Fed’s Waller Disagrees That Stablecoins Need to Be Regulated With Full Banking Regulation Federal Reserve Board Governor Christopher Waller talked about stablecoin regulation Wednesday during a virtual....
Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a central bank digital currency (CBDC). “It’s just a checking account at the Fed,” said the governor. Federal Reserve Chairman Jerome Powell recently said that the central bank has not decided whether to issue a digital dollar. Fed Governor Skeptical of CBDCs Federal Reserve Governor Christopher Waller shared his view on central bank digital currencies (CBDCs) Tuesday during the Money 20/20 conference in Las Vegas. Commenting on the Federal Reserve issuing a digital dollar, he was....
According to a press release, the U.S. Federal Reserve (Fed) might provide crypto banks and other entities with access to Federal Reserve accounts and payment services. Following two proposals from the Federal Reserve Board in May 2021 and March 2022, the institution has arrived at final guidelines for these purposes. Related Reading: MakerDAO Set To […]
The Federal Reserve Governor Lael Brainard said the private central bank is looking at blockchain technology. The Fed Focuses In On Blockchain. The Federal Reserve has its eye on various blockchain technologies. Governor Lael Brainard spoke to guests at the Institute of International Finance in Washington, D.C. concerning the protocol under the hood of....
Federal Reserve (Fed) Governor Michelle Bowman is urging US regulators to abandon their “overly cautious mind-set” regarding cryptocurrencies, blockchain technology, and artificial intelligence (AI). Speaking at the Wyoming Blockchain Symposium, Bowman emphasized the need for a proactive approach to adapt to emerging technologies, marking a departure from the more conservative stance of previous regulatory bodies. […]