Libra – Minilateralism by Chris Brummer – a book on finance, trade and monetary diplomacy https://minilateralism.com Chris Brummer shares How Trade Alliances, Soft Law and Financial Engineering are Redefining Economic Statecraft Wed, 17 Jun 2020 07:58:06 +0000 en-US hourly 1 https://wordpress.org/?v=5.9 Changes quietly made to Libra Whitepaper https://minilateralism.com/changes-quietly-made-to-libra-whitepaper/ https://minilateralism.com/changes-quietly-made-to-libra-whitepaper/#respond Tue, 21 Jan 2020 16:43:14 +0000 https://minilateralism.com/?p=4542 Continue reading "Changes quietly made to Libra Whitepaper"

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CHRIS BRUMMER

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

Changes quietly made to Libra Whitepaper

Cartoon of lamb with libra currency medal around neck and large shadow of wolf behind it
Image courtesy of Cointelegraph.com

The white paper for Facebook’s proposed Libra currency has been quietly updated, according to a Dec. 10 article written by Georgetown University law professor, Chris Brummer.  Aside from expected amendments reflecting the revised Libra Association members, the biggest change is the removal of dividends payable to those early investors.  The story can be found here.

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]]> https://minilateralism.com/changes-quietly-made-to-libra-whitepaper/feed/ 0 Leaders discuss Fintech in Washington, DC https://minilateralism.com/leaders-discuss-fintech-in-washington-dc/ https://minilateralism.com/leaders-discuss-fintech-in-washington-dc/#respond Tue, 29 Oct 2019 15:31:12 +0000 https://minilateralism.com/?p=4522 Continue reading "Leaders discuss Fintech in Washington, DC"

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CHRIS BRUMMER

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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]]> https://minilateralism.com/leaders-discuss-fintech-in-washington-dc/feed/ 0 Minilateralism’s Author Discusses Libra, Facebook’s Proposed Global Cryptocurrency https://minilateralism.com/minilateralisms-author-discusses-libra-facebooks-proposed-global-cryptocurrency/ https://minilateralism.com/minilateralisms-author-discusses-libra-facebooks-proposed-global-cryptocurrency/#respond Mon, 22 Jul 2019 15:27:40 +0000 https://minilateralism.com/?p=4500 Continue reading "Minilateralism’s Author Discusses Libra, Facebook’s Proposed Global Cryptocurrency"

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CHRIS BRUMMER

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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