Christopher Waller, Speech: Innovation and the Future of Finance

Page(s): 8

Monetary Policy/Economy were not mentioned in this speech. –

“Recently, I gave remarks on crypto-assets,4 discussing how individuals can make their own choices about whether to invest in speculative assets, but I also said that banks and other intermediaries choosing to engage in crypto-asset-related activities must do so in a safe and sound manner. At the same time, the world is rapidly changing, and we need to be open to the potential benefits of innovation. In that light, I am focusing my remarks on two areas of innovation that may have the potential to deliver substantial benefits—tokenization and artificial intelligence, or AI.”