Changes quietly made to Libra Whitepaper

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

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Fed Governor Offers thoughts on Stablecoins at European Central Bank

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

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Leaders discuss Fintech in Washington, DC

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Leaders discuss Fintech in Washington, DC

Mark Zuckerberg, Founder and CEO of Facebook, testifies before congress in a suit on Libra, the new cryptocurrency from Facebook
Image courtesy of C-SPAN

The fall brought more than just Mark Zuckerberg’s testimony concerning Facebook’s Libra cryptocurrency to Capitol Hill.  At the same time, leaders convened in Washington to discuss fintech and its implications for the global financial system at various conferences from the IIF’s Annual Membership Conference to Washington DC’s fintech week.  Overviews of the events can be seen here and here.   Mr. Zuckerberg’s testimony is available on C-span.

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Cryptoassets: Legal Regulatory and Monetary Perspectives

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

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Hamilton vs. Satoshi

Minilateralism’s Author Discusses Libra, Facebook’s Proposed Global Cryptocurrency

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Minilateralism's Author Discusses Libra, Facebook's Proposed Global Cryptocurrency

Screenshot of Facebook webpage  providing overview of cryptocurrency Libra
From Georgetown Law: Professor Chris Brummer, the faculty director of Georgetown Law’s Institute of International Economic Law, testified on the Hill on July 17, raising concerns about a white paper describing Facebook’s cryptocurrency Libra.

On July 17, 2019, Georgetown Law Professor Chris Brummer — the faculty director of the Institute of International Economic Law (IIEL) and author of Minilateralism — testified before the House Financial Services Committee with respect to Libra, Facebook’s proposed cryptocurrency. The hearing was chaired by Rep. Maxine Waters (D-CA) and Ranking Member Patrick McHenry (R-NC).

The hearing can be found here.  The written testimony can be found here.  Georgetown’s coverage is here.

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Steven Maijoor, Chair of the European Securities and Markets Authority, to Talk Fintech, Cryptocurrencies and Clearinghouses

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Steven Maijoor, Chair of the European Securities and Markets Authority, to Talk Fintech, Cryptocurrencies and Clearinghouses

CQ Roll Call and Georgetown’s Institute of International Economic Law are delighted to host Steven Maijoor, the Chair of the European Securities and Markets Authority, for a rare one on one interview, with Professor Chris Brummer.

Steven Maijoor, the Chair of the European Securities and Markets Authority, will be sitting for a rare one on one interview, with Professor Chris Brummer, at Georgetown Law on June 12, 2019.  During the interview, Mr. Maijoor will discuss recent and upcoming developments relating to cryptocurrency regulation, blockchain technologies, and cross-border equivalence for derivatives infrastructures.  Reservations can be made here.

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Basel Committee Issues New Crypto Asset Warnings

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

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EU Moves Closer to Harmonized Regulation of Cryptoassets

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

EU Moves Closer to Harmonized Regulation of Cryptoassets

A sign in a Berlin pub signals the owner’s acceptance of bitcoin. Reports on cryptoasset regulation in the European Union could have global reverberations. (Sean Gallup/Getty Images file photo)

Two pivotal reports on European cryptoasset regulation were released today by the European Securities Markets Authority (ESMA) and the European Banking Authority (EBA), setting the stage for a process that could result in a “bespoke” regime for cryptoassets. The full story is here.

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French Regulators to Release CryptoCurrency Rules