The IIF’s recent panel on the Future of Money is now out, and I really enjoyed the back and forth. But for my part, I make a couple of basic points about digitization. First, I observe that the latest (but … Continue Reading
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Sed nulla tellus semper ut vitae
Wonderful Dinner with Fintech Weak Speakers (and Italy’s US Ambassador)
Just great fun at the private residence of Italy’s US ambassador, Armando Varricchio, celebrating 3 years of Georgetown’s fintech week with our speakers, including a fireside with Former Deputy Secretary Sarah Raskin and Superintendent of New York State’s DFS Linda … Continue Reading
New CFTC, SEC, FinCen Guidance is Great–But Doesn’t Appear to Be “New” Policy
Leaders of not one, but three regulatory agencies– Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert, Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco and Securities and Exchange Commission (SEC) Chairman Jay Clayton–all signed a joint statement reminding actors in the … Continue Reading
Pros and Cons of Digital Wallet Infrastructures…
…from a talk I gave at the CFTC’s Technical Advisory Committee meeting. All in a neat power point slides for the curious. CFTC Digital Slides Here
Digital Asset Forks, and Custodians
When people think about the challenges of custodianship of digital assets, cybersecurity is always top of mind. But it isn’t the only big challenge. The other is ‘forking,’ which is understood, as an event whereby a new piece of software … Continue Reading
ECB Cuts Rates…Prompting Criticism of the Fed
From the WSJ: The European Central Bank cut its key interest rate and launched a sweeping package of bond purchases Thursday that commits the bank to ultraloose monetary policy for a long period, jolting European financial markets and triggering an … Continue Reading
Legal Internship on Fintech Law with New America
New America is offering a Short-Term Legal Research Fellowships with Blockchain Trust Accelerator (BTA). Blockchain technology is emerging at a time when broken systems, a lack of trust, and bureaucratic dysfunction are preventing civil society leaders from achieving their objectives. … Continue Reading
Law and Macro Conference coming to Georgetown
Georgetown Law and the Georgetown Institute for International Economic Law will host a conference on Law and Macroeconomics on September 27-28, 2019. Papers and roundtable discussions at the conference will engage diverse perspectives on the relationship between law and macroeconomics, and consider … Continue Reading
Libra’s White Paper and Facebook’s Quarterly SEC Filing Make For Very Different Reading
There’s more than a little talk about the onerous nature of securities filings, especially for young companies, including firms involved in financial technology, that are just getting started with business. The argument goes that making disclosure is expensive—and not infrequently, … Continue Reading
Fun Participating in a Wonky, Washington Morning Tradition…
I had the pleasure this morning of doing a real Washington tradition: C-span’s morning call in show where I discussed Facebook’s Libra cryptocurrency and the state of crypto regulation in Congress. It was such a pleasure hearing from around the … Continue Reading