“Use case” frameworks for regulating cryptocurrencies would still involve (ad hoc) applications of law

One of the popular refrains in policy circles I’ve been hearing lately is that in the future, regulatory approaches for cryptocurrencies ought to focus on the “use case” of the cryptocurrency when developing (and imposing) rules.  Interestingly, in often the … Continue Reading

Looking forward to emerging technologies panel for Women In Derivatives (WIND) Conference

I’ll be speaking on a great panel on the future of emerging technologies on derivatives at a June WIND conference, hosted by WilmerHale.  Details below. Transforming Finance:  The Impact of Emerging Technologies Tuesday, June 12, 2018 5:00pm – 8:00pm   … Continue Reading

I talked to global regulators today about Crypto-assets and blockchain. My lesson was pretty simple.

I briefed global regulators today on crypto assets at the Third Annual Consumer Payments and Finance Academy.  My lesson: in the U.S., even “unregulated” (i.e. non-securities) tokens are invariably subject to some form of regulation (however unevenly enforced).   This … Continue Reading

Concentration remains high in Crypto Markets

According to a recent IMF report, the top 14 Crypto exchanges account for more than 80 percent of reported volume, and the top 10 Crypto assets account for 82 percent of the total reported volume.  This is, of course, a … Continue Reading

Central Bankers Disagree on Crypto Policy

….as do, market regulators, I’d add.  Bloomberg reports: Central bankers generally agree with one another that privately issued cryptocurrencies such as Bitcoin and Ethereum aren’t set to replace traditional currencies. This consensus was well-summarized in the recent IMF “Global Financial Stability … Continue Reading

I’ll be revisiting the Renminbi and Systemic Risk (and Trade!) at Penn

Penn China Center’s sixth annual conference, scheduled for April 26-27, 2018 will have as its theme “Reform and Opening: 40 years and Counting.” The conference will address China’s 40 years of reform and opening to the outside through examining the … Continue Reading

G2 Conference Agenda for July, Washington, D.C., Released

  On July 11, the Graduate Center, Geneva and Georgetown Law will be hosting a workshop on resolving disputes in international economic law.  Our tentative agenda has been released.  Enjoy!

Cryptocurrency Regulatory Roundtable–Event Video Now Available

I had the honor of participating last week on a smart financial regulatory roundtable with leading voices in the field.  The video can be found here.  The write up from Chad Reese is as follows: Paul Atkins, former Commissioner with … Continue Reading

The European Parliament releases new (combative) proposal on mutual recognition

The EU Parliament’s Committee on Economic and Monetary Affairs recently released a new proposal on mutual recognition, asserting that its approval should be necessary for recognizing foreign jurisdictions as having “equivalent” rules.  Interestingly, the proposal, in explaining its reasoning, admits … Continue Reading

Journal of International Economic Law’s Latest Issue is Out

  Fresh off the press:  Oxford U Press’s Journal of International Economic Law has released its latest issue on financial disputes in international courts, populism and trade, macro prudential regulation of China’s currency, and an exploration of international human rights … Continue Reading