{"id":35635,"date":"2021-01-31T12:26:16","date_gmt":"2021-01-31T10:26:16","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35635"},"modified":"2025-08-29T02:14:57","modified_gmt":"2025-08-28T23:14:57","slug":"fed-seeks-manager-to-research-stablecoins-and-cbdcs","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/fed-seeks-manager-to-research-stablecoins-and-cbdcs\/","title":{"rendered":"Fed seeks manager to research stablecoins and CBDCs"},"content":{"rendered":"<p>The U.S. Federal Reserve has posted a vacancy for a manager of digital innovations who will assess the pros and cons of stablecoins and central bank digital currencies (CBDCs), according to <a href=\"https:\/\/www.coindesk.com\/us-federal-reserve-looking-to-hire-a-manager-to-research-stablecoins-and-cbdcs\" target=\"_blank\" rel=\"noopener noreferrer\">CoinDesk<\/a>.<!--more--><\/p>\n<p>According to <a href=\"https:\/\/www.linkedin.com\/jobs\/view\/2383879905\/?refId=fIjf7nGvh5LFUTyCpBFMQA%3D%3D&#038;trackingId=u6IF5OIyxSHm9hQ3EXskIA%3D%3D\" target=\"_blank\" rel=\"noopener noreferrer\">description<\/a>, the specialist will head a section that will monitor, control, and assess the risks associated with digital innovations and manage them.<\/p>\n<p>Among the division&#8217;s goals are the development and implementation of standards and rules for risk management for financial market infrastructure, reserve banks and payment systems.<\/p>\n<p>The Fed opened the vacancy a few days after Chairman Jerome Powell, during an online conference at Princeton University, <a href=\"https:\/\/u1f987.com\/en\/news\/jerome-powell-says-regulating-stablecoins-is-a-fed-priority\">called regulating stablecoins a priority task<\/a>. He added that there is an &#8216;obvious need&#8217; for CBDCs, but it will take years before their issuance.<\/p>\n<p>Earlier Powell said that for the Fed it is important not to be first to issue a digital currency, but to <a href=\"https:\/\/u1f987.com\/en\/news\/fed-chair-for-the-united-states-getting-the-digital-currency-right-matters-more-than-being-first\">do it with the right approach<\/a>.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Federal Reserve has posted a vacancy for a manager of digital innovations who will assess the pros and cons of stablecoins and central bank digital currencies (CBDCs), according to CoinDesk.<\/p>\n","protected":false},"author":1,"featured_media":35636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,1249,807],"class_list":["post-35635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-federal-reserve-system","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35635"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35635\/revisions"}],"predecessor-version":[{"id":35637,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35635\/revisions\/35637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35636"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}