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David Mills, Assistant Director of the Reserve Bank Operations and Payment Systems Division of the U.S. Federal Reserve, addressed the role of central banks in modernizing payments systems and described the objective of the U.S. Federal Reserve Board as providing safe and efficient payment systems. Mills expressed cautious optimism that cryptocurrencies offered as an alternative to the current system of payments, but concern about the risks that non-bank actors would bring into the financial system.. He pointed to Ripple, a Dollar-to-Euro encrypted foreign exchange network, as a positive example but argued that more research is needed before considering government integration

St. Louis Fed Vice President David Andolfatto gave a bullish presentation of the cryptocurrency landscape
Faster Payments Task Force Participant American Express Karen Czack, Juromir Divilek, Paul Fabara

David C. Mills Federal Reserve Current Research Topics Digital Currencies and Distributed Ledgers
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CKJ Crypto News is not financial or investment expert. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advise

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