San Francisco's Federal Reserve Bank posts job offering for CBDC developer
The base salary range for the job was given as $110,300 to $176,300, and the location was given as San Francisco, California
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To help it with the development and implementation of systems related to Central Bank Digital Currency (CBDC), San Francisco’s Federal Reserve Bank is looking for software engineers.
San Francisco Fed posted a job offering for “senior application developer - digital currency” on Feb 18. The Feb expects the candidate to help it with the design and implementation of systems that are critical for the research of CBDC.
The post read, “Given the dollar’s important role, Federal Reserve System seeks to further understand the cost and benefits of the potential technologies for central bank digital currencies, and how the system better understand this emerging field.”
The base salary range was given as $110,300 to $176,300, and the location will be San Francisco, California. Developing systems related to CBDCs, handling possible risks, making improvements, and more such pointers will be the key responsibility of the engineer.
The job posting has received 45 applications showing interest in the Fed’s plan to build its own CBDC.
