‘Financial equivalent of the Death Star’: CBDC jobs multiply in public, private sectors

At least three Federal Reserve outposts are actively seeking candidates to join their teams for CBDC research and improving current systems


Andriy Blokhin/Shutterstock modified by Blockworks


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 CBDCs, with 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 in the Bahamas and JAM-DEX in Jamaica.

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. 

Some relevant open positions are on the market right now — across both the public and private sectors.

Federal Reserve Bank of San Francisco 

Senior Crypto Architect — CBDC

Compensation: $134,000 to $215,000

Lead research and development of cutting-edge CBDC technologies, implementing example systems and collaborating with teams to support the Federal Reserve’s CBDC efforts. 

(No US CBDC has been announced, pilot or otherwise.)

Federal Reserve Bank of Boston 

Lead Application Architect — Digital Currency

Compensation: Undisclosed

Lead the design of new distributed systems, mentor software engineers, research CBDC technology and propose plans to enhance existing systems.

Federal Reserve Bank of Cleveland 

Senior Application Architect — CBDC

Compensation: $100,000 to $200,000

This job involves implementing new systems for CBDC, applying modern development standards and researching state-of-the-art technology practices.

Bank of England 

Senior Economist/Specialist — CBDC

Compensation: Between 62,000 to 70,000 British pounds ($80,000 to $89,000)

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. 

(The UK is also in the research phase for a potential digital pound, but as yet, there’s no formal proposal.)

Monetary Authority of Singapore

CBDC Specialist Lead, BIS Innovation Hub

Compensation: Undisclosed

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.

(Singapore’s CBDC project, Ubin+, is in pilot phase, per CBDCTracker.)


Web3 Partner Solutions Director, central banks

Compensation: Between $109,000 to $247,000

This job involves working with multiple clients to understand their CBDC objectives and finding ways to use Ripple’s technology to assist them.

Split views on CBDCs among US lawmakers

US Republican Rep. Warren Davidson voiced his opposition to CBDCs in a tweet 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.

He suggested Congress should promptly enact legislation to prohibit and criminalize any attempts to design or establish a CBDC.

However, there are exceptions to his viewpoint. Democratic Rep. Jim Himes of Connecticut proposed a US CBDC last year, highlighting its benefits, including increased financial inclusion and access to financial services for the underserved.

Hot crypto job market?

Elsewhere in the industry, several other attractive job opportunities have popped up with competitive salaries. 

For instance, Coinbase currently has more than 80 remote job openings, 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.

Venture capital giant Andreessen Horowitz also recently posted a position for a crypto-focused policy partner. The role entails working alongside regulatory experts and keeping the firm informed about global developments.

Don’t miss the next big story – join our free daily newsletter.


Upcoming Events

Hilton Metropole | 225 Edgware Rd, London

Mon - Wed, March 18 - 20, 2024

Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience: Attend expert-led panel discussions and fireside chats Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts.

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research report - cover graphics (1).jpg


In this report, we dive into crypto private market data to gather insights on where the future of the industry is headed. Despite a notable downturn in private raises, capital continues to infuse promising projects that aim to transform payments, banking, consumer experiences, community, and more, with 2023 being the fourth-largest year for crypto venture capital.


BUZZ holds shares of Coinbase, Robinhood and MicroStrategy


Opinion: Even though I didn’t pay for my “Diamond Hands” burger with BTC, don’t let that fool you into thinking that crypto’s development is futile


The results mark “a major positive inflection point,” one analyst says, as the exchange carries net income momentum into a crypto rally


While the slate of 10 US spot bitcoin funds have tallied $4.6 billion of net inflows thus far, half of the field is lagging the leaders


Trading volumes totalled $154 billion in Q4, including $125 billion in institutional volume


DeFi on Bitcoin is all the rage right now and Stacks is positioned to benefit