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Preparing For The Financial System Of The Future, Federal Reserve Governor Lael Brainard, At The 2022 U.S. Monetary Policy Forum, New York, New York

<p><span>The financial system is undergoing fast-moving changes associated with digitalization and decentralization. Some of these innovations hold considerable promise to reduce transaction costs and frictions, increase competition, and improve financial inclusion, but there are also potential risks. With technology driving profound change, it is important we prepare for the financial system of the future and not limit our thinking to the financial system of today.<a name="f1"></a></span></p> ....

United States , New York , Massachusetts Institute Of Technology , Lacy Douglas , Stephanie Curcuru , Alexandra Fernandez , Coco Feng , Lael Brainard , Carol Bertaut , Aimee Picchi , David Pope , Sonja Danburg , David Mills , International Monetary Fund , Federal Reserve Bank , Central Bank , International Settlements , International Considerations , Pew Research Center , People Bank , Group On Financial Market Report Stablecoins , Fednow Service Webinar , Office Of The Comptroller , Technology Research , Deposit Insurance Corporation , Innovation Center ,

Credit unions should be enabled to provide digital asset services

Cryptocurrency and digital assets and platforms created through blockchain technology are poised to create major disruptions in the delivery of financial ....

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