{"id":127091,"date":"2023-07-25T10:02:37","date_gmt":"2023-07-25T10:02:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/financial-equivalent-of-the-death-star-cbdc-jobs-multiply-in-public-private-sectors-crypto-news\/"},"modified":"2023-07-25T10:02:40","modified_gmt":"2023-07-25T10:02:40","slug":"financial-equivalent-of-the-death-star-cbdc-jobs-multiply-in-public-private-sectors-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/financial-equivalent-of-the-death-star-cbdc-jobs-multiply-in-public-private-sectors-crypto-news\/","title":{"rendered":"&#8216;Financial equivalent of the Death Star&#8217;: CBDC jobs multiply in public, private sectors\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Jobs related to central bank digital currencies, or CBDCs, are popping up across the globe.<\/p>\n<p>According to a recent survey, 93% of central banks <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/news\/banks-exploring-potential-cbdc\">expressed interest in exploring CBDCs<\/a>with a few considering issuance within the next three years.<\/p>\n<p>Three fully-fledged CBDCs are operating in the wild right now: the eNaira in Nigeria, the Sand Dollar in the Bahamas and JAM-DEX in Jamaica.<\/p>\n<p>While seven official CBDC projects have been canceled, dozens are in pilot or proof of concept phases, including ones in France, Canada, China, Singapore and the UAE. <\/p>\n<p>Some relevant open positions are on the market right now \u2014 across both the public and private sectors.<\/p>\n<h2 class=\"wp-block-heading\" id=\"federal-reserve-bank-of-san-francisco\">Federal Reserve Bank of San Francisco <\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/rb.wd5.myworkdayjobs.com\/en-US\/FRS\/job\/San-Francisco-CA\/Sr-Application-Architect---Digital-Currency_R-0000016586-1\">Senior Crypto Architect<\/a> CBDC<\/p>\n<p>Compensation: $134,000 to $215,000<\/p>\n<p>Lead research and development of cutting-edge CBDC technologies, implementing example systems and collaborating with teams to support the Federal Reserve&#8217;s CBDC efforts. <\/p>\n<p>(No US CBDC has been announced, pilot or otherwise.)<\/p>\n<h2 class=\"wp-block-heading\" id=\"federal-reserve-bank-of-boston\">Federal Reserve Bank of Boston <\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/rb.wd5.myworkdayjobs.com\/en-US\/FRS\/job\/Boston-MA\/Senior-Application-Architect_R-0000017480\">Lead Application Architect<\/a> Digital currency<\/p>\n<p>Compensation: Undisclosed<\/p>\n<p>Lead the design of new distributed systems, mentor software engineers, research CBDC technology and propose plans to enhance existing systems.<\/p>\n<h2 class=\"wp-block-heading\" id=\"federal-reserve-bank-of-cleveland\">Federal Reserve Bank of Cleveland <\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/rb.wd5.myworkdayjobs.com\/en-US\/FRS\/job\/Boston-MA\/Senior-Application-Architect_R-0000017480\">Senior Application Architect<\/a> CBDC<\/p>\n<p>Compensation: $100,000 to $200,000<\/p>\n<p>This <a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/www.theladders.com\/job\/sr-application-architect-central-bank-digital-currency-federalreservebankofcleveland-los-angeles-ca_63768761\">jobs<\/a> involves implementing new systems for CBDC, applying modern development standards and researching state-of-the-art technology practices.<\/p>\n<h2 class=\"wp-block-heading\" id=\"bank-of-england\">Bank of England <\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/bankofengland.taleo.net\/careersection\/boe_ex_experienced_hire\/jobdetail.ftl?job=009163&#038;tz=GMT-07%3A00&#038;tzname=PST8PDT\">Senior Economist\/Specialist <\/a>CBDC<\/p>\n<p>Compensation: Between 62,000 to 70,000 British pounds ($80,000 to $89,000)<\/p>\n<p>Develop policy thinking on CBDC, understanding its implications for the economy and financial system, shaping strategy, monitoring external CBDC developments and contributing to bank publications. <\/p>\n<p>(The UK is <a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/www.bankofengland.co.uk\/the-digital-pound\">also<\/a> in the research phase for a potential digital pound, but as yet, there&#8217;s no formal proposal.)<\/p>\n<h2 class=\"wp-block-heading\" id=\"monetary-authority-of-singapore\">Monetary Authority of Singapore<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/www.linkedin.com\/jobs\/view\/3559120332\/?eBP=JOB_SEARCH_ORGANIC&#038;refId=s6kyUAX0q1SH2gK49tofog%3D%3D&#038;trackingId=RqbYJkNyl5LZRzaXAmUBTA%3D%3D&#038;trk=flagship3_search_srp_jobs\">CBDC Specialist Lead<\/a>BIS Innovation Hub<\/p>\n<p>Compensation: Undisclosed<\/p>\n<p>Leading solution design and implementation for CBDC and digital payment projects, building regional stakeholder networks and coordinating with other BIS Innovation Hub centers and central banks.<\/p>\n<p>(Singapore&#8217;s CBDC project, Ubin+, is in pilot phase, per CBDCTracker.)<\/p>\n<h2 class=\"wp-block-heading\" id=\"ripple\">Ripple<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/web3.career\/partner-solutions-director-central-banks-ripple\/48261\">Web3 Partner Solutions Director<\/a>central banks<\/p>\n<p>Compensation: Between $109,000 to $247,000<\/p>\n<p>This <a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/web3.career\/partner-solutions-director-central-banks-ripple\/48261\">jobs<\/a> involves working with multiple clients to understand their CBDC objectives and finding ways to use Ripple&#8217;s technology to assist them.<\/p>\n<h2 class=\"wp-block-heading\" id=\"split-views-on-cbdcs-among-us-lawmakers\">Split views on CBDCs among US lawmakers<\/h2>\n<p>US Republican Rep.  Warren Davidson voiced his opposition to CBDCs in a <a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/twitter.com\/WarrenDavidson\/status\/1683079077245120514?s=20\">tweet<\/a> on sunday.  He likened CBDCs to the financial equivalent of the Death Star, a fictional superweapon from the Star Wars universe capable of obliterating entire planets with its laser beam.<\/p>\n<p>He suggested Congress should promptly enact legislation to prohibit and criminalize any attempts to design or establish a CBDC.<\/p>\n<p>However, there are exceptions to his viewpoint.  Democratic Rep.  Jim Himes of Connecticut <a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/himes.house.gov\/_cache\/files\/3\/d\/3da9ff6d-4e8a-47b7-be28-ced21ecb5724\/2F46398524B2AD91FD40BDC5263F4F23.himes-cbdc-white-paper.pdf\">proposed<\/a> a US CBDC last year, highlighting its benefits, including increased financial inclusion and access to financial services for the underserved.<\/p>\n<h2 class=\"wp-block-heading\" id=\"hot-crypto-job-market\">Hot crypto job market?<\/h2>\n<p>Elsewhere in the industry, several other attractive job opportunities have popped up with competitive salaries. <\/p>\n<p>For instance, Coinbase currently has more than <a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/www.coinbase.com\/careers\/positions\">80 remote job openings<\/a>including accounting and finance roles offering between $92,000 to $230,000 per year, and business operations positions with annual salaries ranging from $127,000 to $237,000.<\/p>\n<p>Venture capital giant Andreessen Horowitz also recently <a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/a16z.com\/about\/jobs\/?gh_jid=5642926003\">posted<\/a> a position for a crypto-focused policy partner.  The role entails working alongside regulatory experts and keeping the firm informed about global developments.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<p><strong>Get the day&#8217;s top crypto news and insights delivered to your email every evening. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/newsletter?source=end\">Subscribe to Blockworks&#8217; free newsletter<\/a> now.<\/strong><\/p>\n<p><strong>Want alpha sent directly to your inbox?  Get degen trade ideas, governance updates, token performance, can&#8217;t-miss tweets and more from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/newsletter\/research\">Blockworks Research&#8217;s Daily Debrief<\/a>,<\/strong><\/p>\n<p><strong>Can&#8217;t wait?  Get our news the fastest way possible. <a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/t.me\/blockworks_news\">Join us on Telegram<\/a> and follow us on <a rel=\"nofollow noopener\" target=\"_blank\" node=\"[object Object]\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMPyTxgswn6_dAw\">google news<\/a>,<\/strong><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jobs related to central bank digital currencies, or CBDCs, are popping up across the globe. According to a recent survey, 93% of central banks expressed interest in exploring CBDCswith a few considering issuance within the next three years. Three fully-fledged CBDCs are operating in the wild right now: the eNaira in Nigeria, the Sand Dollar [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":127092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-127091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/127091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=127091"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/127091\/revisions"}],"predecessor-version":[{"id":127093,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/127091\/revisions\/127093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/127092"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=127091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=127091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=127091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}