Summary
- Christopher J. Waller, Fed Governor, conveyed that there is no need to fear digital asset innovation.
- He stated that if technology can change the world usefully, its adoption should be considered.
- The Fed is reportedly reviewing ways to utilize tokenization, smart contracts, and distributed ledgers.
On the 20th (local time), according to the virtual asset (cryptocurrency) specialized media CoinDesk, Christopher J. Waller, a Fed Governor who is being mentioned as a candidate for the next Fed chair, stated that there is "absolutely no need to fear digital asset innovation."
He said, "It's just technology, there's no reason for it to be bad. If technology can change the world in useful and interesting ways, we should also look into and adopt that technology," adding, "The Fed is considering ways to utilize tokenization, smart contracts, and distributed ledgers."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
