{"id":43216,"date":"2025-08-20T17:16:57","date_gmt":"2025-08-20T17:16:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43216"},"modified":"2025-08-20T17:16:57","modified_gmt":"2025-08-20T17:16:57","slug":"crypto-is-nothing-to-be-afraid-of-says-fed-governor-chris-waller","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43216","title":{"rendered":"Crypto Is \u2018Nothing To Be Afraid Of\u2019 Says Fed Governor Chris Waller"},"content":{"rendered":"<div>\n<p>JACKSON HOLE, Wyo. \u2014 Federal Reserve Governor Chris Waller preached that there is \u201cnothing scary\u201d about digital asset innovations, during a speech in Jackson Hole on Wednesday \u2014 the second high-ranking Fed official to praise the sector this week.<\/p>\n<\/p>\n<p>\u201cThere is nothing to be afraid of when thinking about smart contracts, tokenization or distributed ledgers,\u201d he said at the SALT conference. \u201cLeveraging innovative technology to build new payment services is not a new story.\u201d<\/p>\n<\/p>\n<p>Waller, who is <a href=\"https:\/\/www.reuters.com\/world\/us\/waller-is-favorite-fed-chair-among-trump-team-bloomberg-news-reports-2025-08-07\/\">reportedly<\/a> a top pick for next chair of the Federal Reserve, has long been a supporter of the industry and stablecoins.<\/p>\n<\/p>\n<p>Appointed by President Donald Trump in 2020, Waller said that some of the top innovations have been \u201cvilified\u201d in the past few years because they were tied to digital assets.<\/p>\n<\/p>\n<p>\u201cThose are just technologies, why are they so bad?\u201d he said. \u201cIf they lead to more useful and interesting ways to do things, then we should be looking at and adopting it too.\u201d<\/p>\n<\/p>\n<p>Waller said the Fed is looking at how to tokenize things and how to use smart contracts, as well as distributed ledgers.<\/p>\n<\/p>\n<p>\u201cWe may never go that route as a central bank but there\u2019s no reason we don\u2019t explore to see what happens,\u201d he said.<\/p>\n<\/p>\n<p>Waller spoke a day after Fed Vice Chair for Supervision Michelle Bowman, <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/08\/19\/u-s-federal-reserve-s-new-supervision-chief-sold-on-bringing-crypto-to-finance\">who similarly said<\/a> the industry should be treated better by banks and bank regulators and praised tokenization.<\/p>\n<\/p>\n<p><em>Join the crypto policy conversation Sept. 10 in D.C. \u2014 Register now for <a href=\"https:\/\/policy-regulation.coindesk.com\/?utm_campaign=CDPR_Editorial_Plug&amp;utm_content=cdpr26&amp;utm_medium=marketing&amp;utm_source=Article&amp;utm_term=organic&amp;utm_id=cdpr26\">CoinDesk: Policy &amp; Regulation<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>JACKSON HOLE, Wyo. \u2014 Federal Reserve Governor Chris Waller preached that there is \u201cnothing scary\u201d about digital asset innovations, during a speech in Jackson Hole on Wednesday \u2014 the second high-ranking Fed official to praise the sector this week. \u201cThere is nothing to be afraid of when thinking about smart contracts, tokenization or distributed ledgers,\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43216","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43216"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43216\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}