Federal Reserve Governor: Blockchains “Genuinely Innovative” and Transformative
Lael Brainard, Federal Reserve Governor, made the case this Friday for blockchain technology in a speech delivered at the Institute of International Finance Annual Meeting announcing a “working group that is engaged in a 360-degree analysis of financial innovation across the broad range of our responsibilities” as well as a paper to be published later this year. The governor stated that blockchain technology can allow for “significantly faster processing” and reduce costs in cross-border payments replacing a “long and opaque intermediation chains associated with current methods of....
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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....
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 J. Waller said Bitcoin “was going to end up being something like electronic gold,” describing the asset as a non-yielding store of value whose price is sustained by collective belief rather than cash flows. The remarks came on October 21, 2025, during a “Crypto in America” livestream, and they track with […]
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 […]
Federal Reserve Governor Michael S. Barr used a keynote at DC Fintech Week to praise Congress for finally drawing lines around stablecoins—then immediately warned that the new law’s drafting could open channels for risk and regulatory arbitrage, including a pathway for Bitcoin-linked instruments to sit inside stablecoin reserves with only indirect Federal Reserve visibility. Bitcoin […]