The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets.
The Role Is Part of the Fed’s Digital Innovation Policy
Per the Linkedin job posting, the Federal Reserve Board expects the selected candidate to manage the “Digital Innovation Policy Program.” The department oversees “all aspects of a program focused on emerging issues at the intersection of technology and payments.”
The Fed highlights in the post, the “changing nature” of payment platforms in a digital environment. However, the role is not limited to doing in-depth research on how digital assets could benefit the economy.
In fact, the U.S. Federal Reserve is aiming with the research manager of the Digital Innovation Policy Program to address “regulatory framework for emerging payments platforms” issues.
The job advertisement also adds:
These topics require the Program to take into account diverse views across the Board and the Reserve Banks, necessitating a significant investment of time and resources in collaboration and communication across relevant bodies as well as the ability to cooperate with a range of domestic and international partners on digital innovations topics.
Read more: https://news.bitcoin.com/us-federal-reserve-seeking-manager-to-research-cbdcs-and-stablecoins/