by Misha Guttentag | Jul 1, 2020 | Banks, CBDCs, Central Banks, Digital Money
By JP Schnapper-Casteras and Misha Guttentag Much has happened — in public health and in central banking — since our last post spelling out some key questions on Central Bank Digital Currencies (CBDCs). Congress is holding hearings, the Federal...
by JP | Feb 3, 2020 | Banks, CBDCs, Central Banks, Digital Money
Before Central Bank Digital Currencies (CBDCs) became headline news, we at Schnapper-Casteras PLLC were researching and publishing about them, and conferring with CBDC stakeholders: at central banks in the United States and abroad, on the Hill, with securities and...
by JP | Dec 3, 2019 | Banks, CBDCs, Central Banks, Digital Money, Uncategorized
By JP Schnapper-Casteras and Misha Guttentag Recent weeks have seen a surge of interest in Central Bank Digital Currencies (CBDCs), starting with China’s public plans to launch its own and culminating in the Federal Reserve Chairman’s letter to the Hill on the...
by JP | Oct 16, 2019 | Banks, Developers, Digital Money
Yesterday, several current and former U.S. officials announced support for a digital version of the U.S. dollar. The prior CFTC Chairman and CIO, J. Christopher Giancarlo and Daniel Gorfine, penned an oped in the Wall Street Journal advocating for a...
by Misha Guttentag | Jun 18, 2019 | Banks, Bitcoin, Digital Money
By Misha Guttentag and JP Schnapper-Casteras Today’s announcement of Facebook’s much-anticipated cryptocurrency, Libra, has already spurred a flurry of commentary about technology and ramifications for the fintech space. But as Facebook publicly unveils its plans for...
by Misha Guttentag | Mar 6, 2019 | Banks, Bitcoin, Digital Money
The Bank of Canada recently published a study on “cryptoassets” that contains a subtle but significant error. In this post I explain what went wrong and why the Bank, which has previously released high-quality scholarship on this topic, should prioritize a...