Federal Reserve of San Francisco hiring crypto architect for CBDC project

Source: Indeed.A team of crypto designers has actually been forming at the San Franciscos Fed at least considering that February, when it was looking for a software application engineer to assist establish and carry out systems related to a CBDC initiative.The recruitment efforts oppose the public position of the Federal Reserve Board of Governors on CBDCs. On July 19, the main bank stated on Twitter that it had not yet decided whether to provide a CBDC and “would only continue with the issuance of a CBDC with an authorizing law. Many opponents of CBDC argue that it threatens citizens personal privacy and might lead to governmental control, while supporters see it as an international application of blockchain technology.In a current event, governmental candidate and Florida Governor Ron DeSantis vowed to ban CBDCs in the United States if chosen president.