Yellen Urges Central Banks to Study Blockchain

Central bank officials from around the world gathered to explore blockchain technology at a Federal Reserve event last week. According to a recent American Banker article, Federal Reserve Chair Janet Yellen encouraged her fellow central bankers at this event to accelerate their studies of new financial technologies, specifically mentioning bitcoin, the blockchain, and other distributed ledgers.

Other central bank leaders expressed a broad interest in how the technology might impact both the banks they regulate as well as their own regulatory practices, according to a recent CoinDesk article.

If you would like to join SFIG’s Blockchain Task Force, please contact Alyssa.Acevedo@sfindustry.org.

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