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Wanted: Economist for Digital Currencies, Fintech as Bank of Canada Studies a Possible CBDC
The move comes as the central bank continues to research how a central bank digital currency would work as well as the possible risks.
The Bank of Canada is seeking an economist, digital currencies and financial technologies, as the Canadian central bank continues to research how a central bank digital currency (CBDC) would work and the possible risks involved.
STORY CONTINUES BELOW
- According to the posting, the economist will: "monitor and analyze developments in electronic money and payments, including CBDCs, cryptocurrencies, stablecoins, crypto exchanges and others."
- The advertisement lists as qualifications "nice to have": a knowledge of bitcoin, ethereum and other major cryptocurrency platforms as well as traditional payments systems like card networks, merchant acquirers, point of sale technologies.
- The posting comes as the Bank of Canada has both expressed caution regarding the risks of a CBDC and also how the pandemic has accelerated the need for speed at which the central bank must research how a CBDC would work.
Read also: Federal Reserve, 6 Other Central Banks Set Out Core Digital Currency
Kevin Reynolds
Kevin Reynolds was the editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.
