RegulationAt the recent Symposium for Future Payments held in Stanford California on February 5 Federal Reserve Governor Lael Brainard stressed the importance of remaining on the frontier of research and policy development regarding CBDC The position seems a contrast to the narrative in 2025 when Brainard maintained there is no compelling demonstrated need for a Fedissued digital currency As powerful states like China press forward in the area of central bank digital currencies and private enterprises such as Facebooks Libra also seek to crack the stablecoin market the US Federal Reserve is more interested in the topic than ever