The Fed is Hiring a Manager to Study Cryptocurrencies and Blockchain
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Nov. 5, 2019
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The Fed has published a job posting in which it seeks a manager to investigate the integration of digital currencies, stablecoins and distributed accounting tech.

According to the job posting, which has been published on the Fed's official website, the successful candidate will be responsible for promoting and supporting the development of new policies, regulations and research on retail payment systems:

"The employee will promote and contribute to research on innovation, including digital coins, stablecoins, distributed accounting technology and broader financial/digital innovation for retail payments."

This new position will be integrated into the retail payments department and its main responsibilities will be to lead and manage the central bank’s retail payment services, including automated clearing house and check payments, and to address policy and regulatory issues concerning retail payment systems.

According to the job posting, the successful candidate will receive a maximum salary of $250,700 per year.

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