Central Banking

DLT has ‘more potential for change’ outside US – Boston Fed VP

Federal Reserve Bank of Boston

The senior vice-president of the Federal Reserve Bank of Boston has said there is “more potential for change” outside the US in the realm of distributed ledger technology given the amount of research and experimentation going on beyond the country’s borders.

In a Q&A published on the central bank’s website, Jim Cunha said DLT has the “potential to fundamentally change many areas of financial services” in both the payment and securities sphere.

“Most of the experimentation and development work

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