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Author Topic: Fed and BOE Stressed CBDC Research and Stablecoin Regulation  (Read 463 times)

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Fed and BOE Stressed CBDC Research and Stablecoin Regulation
« on: October 30, 2023, 11:17:47 AM »

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[size=2rem][/size]Fed and BOE Emphasised CBDC Research and Stablecoin Rules[/size][size=2rem][/color][/size]The Federal Reserve Board is vigorously researching CBDC and related technologies, focusing on system architecture. Vice Chair Michael Barr emphasised the need for congressional approval and learning from international experiments.[/font][/size][/color]Deputy Governor Sir Jon Cunliffe mentioned the need for a Digital Pound by the end of the decade, with a coming discussion paper on stablecoin regulation. Barr and Cunliffe emphasised the need for regulating stablecoins, which add trust from central banks.[/font][/size]
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