The entirety of the House Financial Services hearings facing Libra are now up online!  I’ve got to admit, I’ve got a vested interest in it since I was one of the witnesses, but the sessions really were interesting.  Here’s the youtube site.  If you’d like just the experts panel, we can be found here.

In my remarks, I raised concerns with the official “white paper”  As I’ve explained before, white papers “have emerged as a common tool through which digital asset companies communicate with potential consumers and investors about new projects and ventures. However, white papers have faced mounting criticism — for their hyperbolic language, false promises and omissions of material information consumers would need before purchasing a digital asset.”

And oddly, the Libra white paper appears to be subject to similar concerns.  I explain why here.  Georgetown’s story is here.

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