Launching a CBDC practice

Launching a CBDC practice

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...
Developing Digital Dollars

Developing Digital Dollars

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...
The Rise of Digital Cash

The Rise of Digital Cash

By Misha Guttentag and JP Schnapper-Casteras What if spending money in the real world was as inconvenient and invasive as spending money online? Imagine a customer at the register of a local corner store: Customer: I’d like to buy this $1 water. Merchant: OK, I...
Libra’s Legal Challenges

Libra’s Legal Challenges

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...