Federal Reserve To Host October Conference On Convergence Of Traditional And Decentralized Finance

The U.S. Federal Reserve will host a payments innovation conference on Oct. 21, with a central focus on the convergence of traditional and decentralized finance.

The agenda also includes discussions on stablecoins, artificial intelligence in payments, and the tokenization of financial products.

What Happened:

Governor Christopher J. Waller said the event reflects the Fed’s ongoing attention to technological change in finance.

“Innovation has been a constant in payments to meet the changing needs of consumers and businesses,” Waller noted. “I look forward to examining the opportunities and challenges of new technologies, bringing together ideas on how to improve the safety and efficiency of payments, and hearing from those helping to shape the future of payments.”

The Federal Reserve has been active …

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