🇺🇸 DeFi can complement centralized financial systems, says Christopher Waller of the Federal Reserve
Decentralized finance (DeFi) can complement, but not replace, centralized financial sectors, according to Christopher Waller, a Federal Reserve governor. He pointed out that financial intermediation will still be necessary, despite technological advances. Waller made these remarks at the 19th Annual Macroeconomics Workshop in Vienna, emphasizing that technological progress can drive efficiency gains in finance.
#DeFi #FinTech #FederalReserve #ChristopherWaller #Finance #Cryptocurrency #Blockchain
PolicyWatch / Hak-Kun Hyun Baek âš¡
npub1yu…8f8tc
2024-10-19 17:04:45
Author Public Key
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2024-10-19 17:04:45Event JSON
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"content": "🇺🇸 DeFi can complement centralized financial systems, says Christopher Waller of the Federal Reserve\n\nDecentralized finance (DeFi) can complement, but not replace, centralized financial sectors, according to Christopher Waller, a Federal Reserve governor. He pointed out that financial intermediation will still be necessary, despite technological advances. Waller made these remarks at the 19th Annual Macroeconomics Workshop in Vienna, emphasizing that technological progress can drive efficiency gains in finance.\n\n#DeFi #FinTech #FederalReserve #ChristopherWaller #Finance #Cryptocurrency #Blockchain\n\n",
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