Editor's PiCK

U.S. Fed to Hold October Payments Innovation Conference…Stablecoins and AI Tokenization to Be Discussed

Source
JH Kim

Summary

  • The U.S. Fed said that at the payments innovation conference to be held on October 21, stablecoins and AI-based tokenization will be major agenda items.
  • The conference is scheduled to discuss the role of new financial infrastructure and regulatory directions in the rapidly changing digital payments environment.
  • Industry representatives, academic experts, and policy officials are expected to attend to assess the opportunities and risks of payments innovation.

According to breaking economic news channel Walter Bloomberg on the 3rd (local time), the U.S. Federal Reserve (Fed) will hold a payments innovation conference on October 21. At the event, next-generation payment technologies such as stablecoins and AI-based tokenization will be major agenda items.

The Fed plans to use the conference to discuss the role of new financial infrastructure and regulatory directions amid the rapidly changing digital payments environment. Industry representatives, academic experts, and policy officials are expected to attend to examine the opportunities and risk factors of payments innovation.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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