Brainard has been leading the U.S Federal Reserve’s work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision.
Fed’s Lael Brainard invites Congress to choose whether to compete with China’s digital yuan
“We want to make sure that we do the requisite research on policy and technology so we’re in a position to move forward if Congress decides it’s important to be able to compete with China in this regard,” said Lael Brainard.
Fed Reserve Governor Brainard Said to Be Biden’s Choice for Treasury Secretary
Lael Brainard, who has been involved with the Fed’s efforts to research a digital dollar, is seen as an ideal choice, Bloomberg sources said.
The Federal Reserve Is Experimenting With a Digital Dollar
The Federal Reserve is actively investigating the potential impact of a digital dollar, though it has no plans to issue one anytime soon.
The Federal Reserve Has Its ‘Come to Satoshi’ Moment
Shifting a stance of mostly ignoring CBDCs, a Federal Reserve governor says the Fed is now actively studying the possibility of a US digital currency.
Fed Reserve Is Researching DLT-Based Digital Dollar, Says Governor
Lael Brainard said in a speech that the Fed is looking at digital ledger use cases including for a possible central bank digital currency.
Libra Lacks Clarity on ‘Opaque’ Currency Basket, Says Fed Reserve Governor
Federal Reserve governor Lael Brainard has warned that the Facebook-led Libra project faces stiff regulatory challenges and that there’s a question mark over one of its core concepts.
Former Fed Nominee Stephen Moore Backs Fractional Reserve Stablecoin
Stephen Moore, whose failed bid to join the Fed imploded within months, has a new plan to disrupt global finance: a fractional reserved-backed stablecoin.
Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.
Fed Governor Says ‘No Compelling Need’ for US Central Bank Crypto
Fed governor Lael Brainard has said that cryptocurrencies do not pose a threat, and there is “no compelling need” for a Fed-issued digital currency.