Overview
- The Federal Reserve Board confirmed a payments innovation conference for Oct. 21 that will be livestreamed, with speaker and panel details to follow.
- Planned sessions include the convergence of traditional finance with DeFi, emerging stablecoin use cases and business models, AI applications in payments, and tokenization of financial products.
- Governor Christopher Waller said the forum will evaluate opportunities and challenges in new payment technologies, noting innovation has been a constant in serving consumers and businesses.
- The announcement follows late-July FOMC discussions tied to the GENIUS Act, where officials assessed potential benefits for payment efficiency alongside risks related to backing assets and banking-system effects.
- The event lands on a busy policy calendar that also features SEC and CFTC initiatives as well as international efforts from the BIS and Singapore’s MAS, according to reporting.