Скачать или смотреть Federal Reserve Explores Crypto, AI, and Payments Innovation

The Federal Reserve plans to host an October conference to explore the convergence of traditional and decentralized finance, with a particular focus on payments innovation driven by crypto and artificial intelligence. This initiative aims to improve the existing payment system, potentially attracting new businesses by examining topics like stablecoin use cases and the tokenization of financial products. Governor Christopher Waller, a proponent of engaging with private sector innovation in the digital asset ecosystem, believes new technologies could enhance the safety and efficiency of payments, emphasizing that the underlying processes of smart contracts are not fundamentally different from traditional transactions. Additionally, Waller has voiced support for imminent interest rate cuts, citing a weakening job market and anticipating that any tariff-related inflation would be temporary. #federalreserve #ai #crypto