What do CBDCs mean for Derivatives Law? (slides)

I have the pleasure of presenting “What do CBDCs mean for derivatives law?” for the CFTC later today as part of the agency’s live Technical Advisory Committee proceedings.  I’m now up at NOON and will discuss: Basics of CBDCs Stablecoins and … Continue Reading

Fintech Must Innovate Where it Matters Most

I decided in light of all the recent events to share a couple of thoughts about the startling lack of diversity in fintech (and financial regulation more generally).  A couple of the dismal highlights:  Only eight African Americans have ever … Continue Reading

Defining Decentralization, Again

Definitions are always tough to sift through, and crypto is really just one instance of a much larger set of challenges faced across the fintech ecosystem to defining the parameters of policymaking.  Indeed, there are few better examples of the … Continue Reading

New fintech coverage by fintechpolicy.org

FintechPolicy.org, an online portal for news and analysis of global regulatory developments in financial technology, officially launched in the latter days of December 2018.  The site will be the first website of its kind to focus on policy across an increasingly expansive fintech ecosystem. … Continue Reading

Monetary Policy and Financial Regulation

Federal Reserve Vice Chair for Supervision Randal Quarles delivered keynote remarks at a Brookings Institution event on monetary policy and financial regulation. He outlined the core elements and proposed changes to the central bank’s stress testing program, which measures whether financial firms have enough money … Continue Reading