Boston Fed seeks software engineer for CBDC research
The LinkedIn posting states that the position would “support the Federal Reserve System’s [CBDC] Research and Development program.”
The Federal Reserve Bank of Boston wants to hire a senior software engineer focused on digital currency.
The LinkedIn posting states that the position would “support the Federal Reserve System’s Central Bank Digital Currency (CBDC) Research and Development program.”
The engineer would head up a team focused on the CBDC research and “prototyping.”
“This position offers a unique opportunity to be part of a world-class team working on cutting edge technologies related to CBDC R&D. You will participate in a dynamic work environment that has the feel of a startup while also maintaining the benefits of a larger organization,” the listing said.
The Boston branch of the US central bank is exploring how a CBDC could be implemented and what would be needed to roll one out. However, the Fed has not yet committed to a CBDC.
Read more: Fed official: Stablecoins pose a threat, but could present innovative opportunities
In fact, the US remains unsure about CBDCs, with some lawmakers on Capitol Hill arguing that privacy is a concern. It’s a sticking point that isn’t just a worry for the US government either — the UK and other nations are researching how privacy could be safeguarded in any CBDC rollout.
Even RBC Wealth Management published a report on privacy earlier this year.
In September, US Rep. Warren Davidson, R-Ohio, said that a poorly structured money system is “perhaps the biggest existential threat to Western civilization.”
Earlier this year, Republicans brought forth a Central Bank Digital Currency Anti-Surveillance State Act which aims to prevent the Fed from directly offering a CBDC to individuals. Democrats — including Rep. Maxine Waters, D-CA., have spoken out against the bill .
Waters warned that the bill could impede the Fed’s research into a CBDC.
The proposed legislation is clearly not stopping the Fed from proceeding with its research into a possible digital dollar currently. Michael Barr, Vice Chair of Supervision at the Fed, said in October that while the central bank is no closer to making a decision on a CBDC, it continues to research potential systems.
“The research is currently focused on end-to-end system architecture, such as how ledgers that record ownership of and transactions in digital assets are maintained, secured and verified, as well as tokenization and custody models,” Barr said at the time.
Don’t miss the next big story – join our free daily newsletter .
- CBDC
- crypto hiring
- Federal Reserve
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
FTX Begins $5B Stablecoin Payout to Creditors
FTX starts distributing $5B in stablecoins to creditors, marking a major step in bankruptcy resolution.FTX Launches Massive Creditor Repayment PlanWhat Creditors Can ExpectA Turning Point in Crypto Legal Recovery

Canary Files for Staked CRO ETF with U.S. SEC
Canary submits S-1 filing to launch a Staked CRO ETF, signaling mainstream interest in Cronos.Canary Takes First Step Toward Staked CRO ETFWhat is Staked CRO and Why It MattersA Boost for Cronos and the Broader Market

Huge Returns Ahead? Nexchain & BlockDAG Lead 2025’s Best Crypto Presales
Nexchain leads 2025 crypto presales with AI-powered scalability, gas fee rewards, and 400K TPS—raising \$3.4M as investors seek real utility.Nexchain: Web3 Infrastructure Powered by AI and Smart IncentivesNexchain’s Momentum Signals Long-Term PotentialBlockDAG Builds Buzz, but Nexchain Pulls AheadWhy Nexchain Tops the List of 2025 Crypto Presales

Fidelity Buys $38.3M in Ethereum Amid Market Buzz
Fidelity invests $38.3 million in Ethereum, signaling growing institutional confidence in ETH.Fidelity Makes Major Ethereum InvestmentInstitutional Confidence in EthereumWhat This Means for the Crypto Market

Trending news
MoreCrypto prices
More








