According to Cointelegraph, the Federal Reserve Bank of San Francisco (FRS) is recruiting a cryptographic architect for a CBDC project, requiring "knowledge of distributed system implementation, cryptographic protocols, consensus algorithms, and security." The job post stated: "Given the importance of the US dollar, FRS aims to further understand the costs and benefits of CBDC and potential technologies in this emerging field."
The hiring contradicts the Fed’s Board of Governors’ public stance on CBDCs. On July 19, the Fed said on Twitter that it had not yet decided whether to issue a CBDC and “would only issue a CBDC if there is an authorizing law.”