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On this episode: Cryptocurrency has evolved from a niche experiment into a disruptive force with global implications—and U.S. financial institutions, lawmakers, and regulators are working to establish clear crypto-related policy. In this episode, we unpack the state of crypto policy in 2025: The political realignment around digital assets, the rapid growth of stablecoins, the future of tokenized securities, and the debate over whether the U.S. should adopt a central bank digital currency or establish a strategic Bitcoin reserve. Our guest is former CFTC Chairman Chris Giancarlo , who severed in that position from 2017 to 2019. Known to many online as "CryptoDad," today Giancarlo helps lead the Digital Dollar Project, which advocates for a thoughtful exploration of a U.S. digital currency. With deep insight into both public and private sector shifts, he helps us break down where policy could be headed, what setbacks could be on the horizon, and the implications of America's approach.This year, we're hoping to learn more about our audience and what topics you want us to tackle. Complete a brief 5 minute survey to review the show and share some feedback: https://forms.gle/zPxYSog5civyvEKX6 Sign up for our Newsletters: https://ballotpedia.org/Ballotpedia_Email_Updates Stream "On the Ballot" on Spotify or wherever you listen to podcasts. If you have questions, comments, or love for BP, feel free to reach out at ontheballot@ballotpedia.org or on X (formerly Twitter) @Ballotpedia.*On The Ballot is a conversational podcast featuring interviews with guests across the political spectrum. The views and opinions expressed by them are solely their own and are not representative of the views of the host or Ballotpedia as a whole.
The future of money – Chris Giancarlo on how the Digital Dollar Project's will revolutionize global finance on today's show. Plus, kids in Harlem are getting free money. Tune in now! #DigitalDollar #CryptoDad #FinanceRevolution #ChrisGiancarlo #GlobalEconomy #USLeadership #FinancialLiteracy #SupportEducation #CommunityImpact #YouthSuccess ----- Subscribe to podcast updates: https://form.jotform.com/223614751580152 Ask Ric: https://www.thetayf.com/pages/ask-ric ----- Links from today's show: Become Certified in Blockchain and Digital Assets: https://dacfp.com/certification/ Edelman Scholars Program: https://ccca.rowan.edu/current_students/edelmanscholars.html Harlem Children's Zone: https://hcz.org/ CryptoDad website: https://www.chrisgiancarlo.org/ Digital Dollar Project website: https://digitaldollarproject.org/ ----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelman Instagram: https://www.instagram.com/ric_edelman/ LinkedIn: https://www.linkedin.com/in/ricedelman/ X: https://twitter.com/ricedelman YouTube: https://www.youtube.com/@RicEdelman ----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.html Schwab: https://www.schwab.com/ Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee -----
This week, Dave is joined by "Crypto Dad" - Former CFTC Chair and current Chair of the Digital Dollar Project, Chris Giancarlo to discuss CBDC's and the future of digital currency. Read the accompanying blog post here: https://blog.urvin.finance/post/is-a-u-s--backed-cbdc-the-missing-link
Becky Frankiewicz, Chief Commercial Officer at ManpowerGroup, shares her thoughts on the November jobs report and employment trends. Chris Giancarlo, former Chairman of the CFTC, Senior Counsel at Willkie Farr & Gallagher, discusses testing new technologies for the future of money with The Digital Dollar Project. “Fragrance Queen” Linda G. Levy, President of The Fragrance Foundation, has gift-giving ideas for this holiday season. And we Drive to the Close with Paul Christopher, Head of Global Investment Strategy at Wells Fargo Investment Institute. Hosts: John Tucker and Mike Regan. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
Becky Frankiewicz, Chief Commercial Officer at ManpowerGroup, shares her thoughts on the November jobs report and employment trends. Chris Giancarlo, former Chairman of the CFTC, Senior Counsel at Willkie Farr & Gallagher, discusses testing new technologies for the future of money with The Digital Dollar Project. “Fragrance Queen” Linda G. Levy, President of The Fragrance Foundation, has gift-giving ideas for this holiday season. And we Drive to the Close with Paul Christopher, Head of Global Investment Strategy at Wells Fargo Investment Institute. Hosts: John Tucker and Mike Regan. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
I interviewed Chris Giancarlo. Chris is the former Chairman of the Commodity Futures Trading Commission (CFTC), Senior Counsel to Willkie Farr & Gallagher, and the co-founder of the Digital Dollar Project. We had a wide-ranging discussion covering crypto policy, the future of central bank digital currencies, financial competition with China, regulatory policy, crypto as a store of value for electricity, payments between GPTs, and much more. This episode is a must-listen. --- Support this podcast: https://podcasters.spotify.com/pod/show/theleeshow/support
Chris Giancarlo is a former CFTC chairman, author, & co-founder of the Digital Dollar Project and Kevin Mole is the Global Head of Digital Assets at Western Union. In this interview we discuss:- Digital Dollar Project's mission - Western Union and the Digital Dollar project working together - Western Union's Retail CBDC pilot and the results - Western Union's crypto and blockchain strategy - Western Union and Ripple pilot - What's next for the Digital Dollar Project - Crypto RegulationsWhite paper https://digitaldollarproject.org/wp-content/uploads/2023/08/Digital-Dollar-Project-Cross-Border-Remittance-Pilot-Paper.pdf
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following: Digital Dollar Project pilot finds CBDC cross-border payment potential CFO's role expanding as digital transformation urgency increases Markets fall in response to US government debt downgrade Global fintech funding falls in 2023 Tax transparency among top priorities for multinational corporates
Today 114 countries across the globe – 95% of the world's GDP – are working on a central bank digital currency including the United States which continues to study the efficacy and design of a digital dollar. At the same time, we are seeing the growth of decentralized finance, the proliferation of U.S. dollar backed stablecoins, and continued adoption of cryptocurrencies globally despite the “crypto winter.” We are also seeing regulators across the globe – from Dubai to Hong Kong, Europe to Singapore, the UK, Australia, Japan, Brazil and beyond – create legal frameworks for digital assets. Even in the U.S., where the environment has been characterized by enforcement activity, every branch of the U.S. government is now engaged in the discussion of how to regulate the digital assets space. But, what will the digital assets ecosystem look like as it grows and matures? How do we navigate complex questions of security and privacy? Can CBDCs and cryptocurrencies co-exist? TRM Labs' Ari Redbord is joined by former Chairman of the CFTC and Digital Dollar Board Chair J. Christopher Giancarlo, Paxos General Counsel Dan Burstein and FalconX Deputy GC Purvi Maniar to discuss the future of finance for our first in-person TRM Talks in collaboration with the Digital Dollar Project.
In this episode during Black Futures Month I spotlighted the founder of Black Bitcoin Billionaire Clubhouse Group. I discussed in detail the fact that money is changing and why we should add Bitcoin to our financial portfolio. I also discussed the “Digital Dollar Project” and what that means to our community. Please share my educational series “Bitcoin Basics” with your Family And Friends by sharing my website AheadOfTheCryptoCurve.com and clicking on Podcasts.
How often do you hear from a US refugee from Haiti, who was bitten by the Blockchain bug while working at IBM in the financial services area and founded a Regtech serving CENTRAL BANKS? Meet Carmelle Cadet. Carmelle Cadet, is in her mid-30s and understands liquidity and counterparty risks which were core to the 2008 Global financial crisis. She talks about resilience in financial services, the need to digitize cash, and the complexity of cross-border payments. Listen to our conversation about her company's work in the Caribbean, Africa, and even in the US as they will be part of the Technical Sandbox Program announced by The Digital Dollar Project this September. Technology for Central Banks with an inclusivity mindset, Carmelle Cadet Carmelle Cadet EMTECH Carmelle M. Cadet is the Founder and CEO of EMTECH, a technology company working with central banks around the world to make their financial infrastructures inclusive and resilient by design. A thought leader and public speaker infintech, Carmelle also advises other women, minority fintech entrepreneurs. She has won and has been nominated for several awards for her leadership and trailblazing work. In her previous life, Carmelle was the Deputy CFO for IBM Blockchain where she spearheaded the global product commercialization and financial management strategy. Carmelle earned her Executive .M.B.A. from the New York University Stern School of Business with specializations in Leadership and Global Business, and her B.A. from Florida Atlantic University. She is originally from Haiti, but now lives in NYC with her husband and son. Dr. Efi Pylarinou is the No.1 Global Woman Influencer in Finance & the Data conversation by Refinitiv, a Top Thought Leader by Onalytica, and a Top Digital Futurist, Linkedin and Twitter Voice, by Engatica. A seasoned Wall Street professional & a recognized technology thought leader on innovation topics. Founder of Efi Pylarinou Advisory servicing Big Tech, Financial Services and Fintech clients. She strongly believes in building bridges between the old and the new economy. She shares her passion of content creation with her 190,000+ followers on Linkedin and 18,000+ on Twitter. Join her on the social platforms See more podcasts here. More about Irish Tech News Irish Tech News are Ireland's No. 1 Online Tech Publication and often Ireland's No.1 Tech Podcast too. You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: If you'd like to be featured in an upcoming Podcast email us at Simon@IrishTechNews.ie now to discuss. Irish Tech News have a range of services available to help promote your business. Why not drop us a line at Info@IrishTechNews.ie now to find out more about how we can help you reach our audience. You can also find and follow us on Twitter, LinkedIn, Facebook, Instagram, TikTok and Snapchat.
How often do you hear from a US refugee from Haiti, who was bitten by the Blockchain bug while working at IBM in the financial services area and foundeda Regtech serving CENTRAL BANKS? Carmelle Cadet, is in her mid-30s and understands liquidity and counterparty risks which were core to the 2008 Global financial crisis. She talks about resilience in financial services, the need to digitize cash, and the complexity of cross-border payments. Listen to our conversation about her company's work in the Caribbean, Africa, and even in the US as they will be part of the Technical Sandbox Program announced by The Digital Dollar Project this September. Carmelle Cadet https://www.linkedin.com/in/carmellec... EMTECH https://emtech.com/ Carmelle M. Cadet is the Founder and CEO of EMTECH, a technology company working with central banks around the world to make their financial infrastructures inclusive and resilient by design. A thought leader and public speaker infintech, Carmelle also advises other women, minority fintech entrepreneurs. She has won and has been nominated for several awards for her leadership and trailblazing work. In her previous life, Carmelle was the Deputy CFO for IBM Blockchain where she spearheaded the global product commercialization and financial management strategy. Carmelle earned her Executive .M.B.A. from the New York University Stern School of Business with specializations in Leadership and Global Business, and her B.A. from Florida Atlantic University. She is originally from Haiti, but now lives in NYC with her husband and son. Dr. Efi Pylarinou is the No.1 Global Woman Influencer in Finance & the Data conversation by Refinitiv, a Top Thought Leader by Onalytica, and a Top Digital Futurist, Linkedin and Twitter Voice, by Engatica. A seasoned Wall Street professional & a recognized technology thought leader on innovation topics. Founder of Efi Pylarinou Advisory servicing Big Tech, Financial Services and Fintech clients. She strongly believes in building bridges between the old and the new economy. She shares her passion of content creation with her 190,000+ followers on Linkedin and 18,000+ on Twitter. Join her on the social platforms https://linktr.ee/Efiglobal
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following: 2023 predictions: Citi predicts weakest annual global economic growth in forty years Cybersecurity budgets of enterprises set to increase an average of only 11% over the next 24-36 months, S-RM cyber report shows Euro Banking Association (EBA) publishes report on use of real-time data in corporate liquidity management Marqeta integrates with Mastercard's Track Instant Pay, a virtual card solution to streamline supplier invoices Nigeria restricts ATM cash withdrawals to push use of its central bank digital currency (CBDC), eNaira Interview (Part 2): Jennifer B. Lassiter, Executive Director of the Digital Dollar Project (DDP) Goldman Sachs plans to spend millions on cryptocurrency-related investments after FTX's collapse Bitcoin could plunge about 70% to US$5,000 in 2023, according to Standard Chartered
Central Bank Digital Currencies (CBDCs) continue to gain momentum around the world. While we are not exactly leading the way in this country there is important work being done already, work that will help shape how a CBDC will function here.My next guest on the Fintech One-on-One Podcast is Daniel Gorfine, the co-founder of the Digital Dollar Project. This organization is doing incredibly important work, combining the efforts of all the existing research that is out there, and helping to create real-world pilots. A U.S. CBDC is most likely coming, and in this interview, you can discover what it will look like and how it will work.In this podcast you will learn:What the Digital Dollar Project is and how it got off the ground.The people and organizations that are involved.How they work with existing CBDC projects such as Project Hamilton.Details of pilots they are involved with right now.What they are learning from the CBDCs of other countries.How a CBDC could work with a bank-issued stablecoin.What the programmable element of digital money could mean.Where we are at in Washington when it comes to CBDCs.What is the end game for the Digital Dollar Project.How a Digital Dollar will actually work and Daniel's best guess on a timeline.Connect with Daniel on LinkedInConnect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
In this second part of a two part series, we highlight financial regulation again - what some might consider a dry subject, but FSI can't get get by without it. This podcast is taken from a deep dive panel from OSFF (Open Source in Finance Forum) from London '22. There are a lot of exciting things we're working on the FINOS Regulation Innovation Special Interest Group (SIG), and this panel discussion helps set the stage for where we believe financial regulation stands today, where we think it is going, and then will set us up for some work / announcements that will be coming out in December '22 around Reg, that you can get involved in now: https://www.finos.org/open-regtech Panelists: Jane Gavronsky - CTO, FINOS - https://www.linkedin.com/in/janegavronsky/ Jennifer Lassiter, Executive Director, The Digital Dollar Project (formerly with the US FDIC) - https://www.linkedin.com/in/jbrookslassiter/ Anna Wallace, SPO Consumer Protection & RegTech, The Bill & Melinda Gates Foundation (formerly with the UK FCA) - https://www.linkedin.com/in/anna-wallace-666b764a/ Leo Labeis, Founder & Executive Director, REGnosys - https://www.linkedin.com/in/leo-labeis-24498ab0/ Video Version if Panel: https://resources.finos.org/znglist/osff-london-2022-video-recordings/?c=cG9zdDo5OTA2MTQ= FINOS Open RegTech: https://www.finos.org/open-regtech FINOS Regulation Innovation SIG: https://github.com/finos/open-regtech-sig Register for OSFF NYC - Standard Registration ends October 19 (Members attend for free, but register early to be entered to win FINOS swag): https://events.linuxfoundation.org/open-source-finance-forum-new-york/register/ OSFF London Videos & Pics: https://resources.finos.org/znglist/osff-london-2022-video-recordings/?c=cG9zdDo5OTA2MjA= Grizz's Info | https://www.linkedin.com/in/aarongriswold/ | grizz@finos.org ►► Visit FINOS www.finos.org ►► Get In Touch: info@finos.org
In this first part of a two part series, we highlight financial regulation - what some might consider a dry subject, but FSI can't get get by without it. This first podcast is taken from a keynote panel from OSFF (Open Source in Finance Forum) from London '22. There are a lot of exciting things we're working on the FINOS Regulation Innovation Special Interest Group (SIG), and this panel discussion helps set the stage for where we believe financial regulation stands today, where we think it is going, and then will set us up for some work / announcements that will be coming out in December '22 around Reg, that you can get involved in now: https://www.finos.org/open-regtech Panelists: Jane Gavronsky - CTO, FINOS - https://www.linkedin.com/in/janegavronsky/ Jennifer Lassiter, Executive Director, The Digital Dollar Project (formerly with the US FDIC) - https://www.linkedin.com/in/jbrookslassiter/ Anna Wallace, SPO Consumer Protection & RegTech, The Bill & Melinda Gates Foundation (formerly with the UK FCA) - https://www.linkedin.com/in/anna-wallace-666b764a/ Francesca Hopwood Road, Centre Head, Bank for International Settlements (BIS) - (also formerly with the UK FCA) - https://www.linkedin.com/in/francesca-hopwood-road-ab040b15/ Video Version if Panel: https://www.finos.org/hubfs/OSFF%202022%20London/Videos/Keynote%20Panel%20Regulation%20Innovation_e3.mp4 FINOS Open RegTech: https://www.finos.org/open-regtech FINOS Regulation Innovation SIG: https://github.com/finos/open-regtech-sig Register for OSFF NYC - Standard Registration ends October 19 (Members attend for free, but register early to be entered to win FINOS swag): https://events.linuxfoundation.org/open-source-finance-forum-new-york/register/ OSFF London Videos & Pics: https://resources.finos.org/znglist/osff-london-2022-video-recordings/?c=cG9zdDo5OTA2MjA= Grizz's Info | https://www.linkedin.com/in/aarongriswold/ | grizz@finos.org ►► Visit FINOS www.finos.org ►► Get In Touch: info@finos.org
Chris Giancarlo, Former CFTC Chairman Author, and member of the Digital Dollar project discusses the latest updates around the US Digital Dollar CBDC, Fed, Technical Sandbox with Ripple, EMTECH, DigitalAsset and others, Tornado Cash situation, SEC, and crypto regulations. Crypto Dad book - https://www.amazon.com/CryptoDad-Future-J-Christopher-Giancarlo/dp/111985508X?&_encoding=UTF8&tag=extcas0d-20&linkCode=ur2&linkId=f11304592110fe1a7f47b1d6b59b479a&camp=1789&creative=9325
The Digital Dollar Project will be working with crypto companies like Ripple, could the US CBDC be issue son the XRP Ledger? Stably launches USD stablecoin on the XRP Ledger.
Today on Good Morning Crypto… We will be discussing… FED NOW is set to go live in the coming months, potentially open the floodgates for certain blockchains. We remove the speculation, showing our listeners that XRP is yet to be utilized. The District of Columbia is suing MicroStrategy Founder Michael Saylor for tax evasion, while Iran is creating additional use cases for crypto, after now accepting Bitcoin payments for imports. Mt Gox Bitcoin is set to be released starting in September, as we share a video of Mac Economist Raul Pal stating that crypto winter is behind us. The Digital Dollar Project is getting ready to launch, stating Ripple is one of the leaders in an interoperable CBDC solution. With 2023 set to be the year of institutional adoption, we highlight which projects will have the largest impact. // Join The Uncommon 1% https://form.typeform.com/to/ZNpnYOz3?typeform-source=linktr.ee&typeform-medium=newtab-linktree // Merlin - Crypto Tracking App Waitlist https://mailchi.mp/b08098dd5a99/merlin // Linqto https://www.linqto.com/?cjevent=b65ecbbec46011ec81b91b3a0a1c0e10 //// T H E 3 T W A R R I O R A C A D E M Y // Join the 3T Warrior Academy: https://3twarrior.com/warrioracademy?affiliate_id=3827481 // Join our Free Discord: https://3twarrior.com/discord49541345 //// F O L L O W T H E T E A M // Official Good Morning Crypto https://linktr.ee/3tGMCrypto Twitter: https://twitter.com/3tGMCrypto // Abs Instagram: https://www.instagram.com/Abs3t/ // Mario | Node Defender https://linktr.ee/nodedefender Twitter: https://twitter.com/NodeDefender Youtube: https://youtube.com/channel/UCnld-Xvam562HFQDOIBwymw Instagram: https://www.instagram.com/NodeDefender/ // Johnny Krypto https://linktr.ee/johnnykrypto Twitter: https://twitter.com/JohnnyKrypto00 YouTube: https://www.youtube.com/channel/UCm-qyQNf1rnUaw6u20mKCVw // Gonzo Twitter: https://twitter.com/gonzo_3t Instagram: https://www.instagram.com/gonzo_3t/ // Selman Twitter: https://twitter.com/SelmanGee YouTube: https://www.youtube.com/c/GeeInvesting // NFTtones: https://linktr.ee/NFTtones // Billy Twitter: https://twitter.com/WadkinsBilly TikTok: @Homeless2Humbled Instagram: https://www.instagram.com/homeless2humbled_ //// Disclaimer: All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. We are not financial advisers & this is not financial advice. #Crypto #CryptoNews #Bitcoin #BTC #ethereum #eth #ripple #xrp #chainlink #quant #polygon #cardano Learn more about your ad choices. Visit megaphone.fm/adchoices
Does the future of digital money free us to be our own unique selves, or does it enslave us to financial and governmental powers? Chris Giancarlo, lovingly known as “Crypto Dad,” knows it's inevitable for our financial system to yield to an internet-based system and is encouraging regulators to be proactive instead of reactive. He believes that society has every right to experiment with the money of the future and is doing just that with The Digital Dollar Project. In this episode we cover the jurisdiction of the CFTC, CBDC activity and fears that come with it, and whether or not our government will get this right. JOIN THE FREE WOLF DEN NEWSLETTER
Making news on this week's show was Brex, Circle, BlackRock, The Depository Trust & Clearing Corporation (DTCC), The Digital Dollar Project, MoonPay, Step, FIS, Fireblocks, TransUnion and more. Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
Anirudh Singh sits down with Sigal Mandelkar, General Partner at Ribbit Capital. The two discuss her career in both the public and private sectors, Ribbit's investment in Chainalysis, cryptocurrencies and anti-money laundering, and much more! Sigal Mandelkar: Sigal Mandelker joined Ribbit Capital as a General Partner in April 2020. Ribbit is an investment firm focused on financial services and technology. Prior to Ribbit, she served as Under Secretary of Treasury for Terrorism and Financial Intelligence. As Under Secretary, Sigal supervised four main components of Treasury (OFAC, FinCEN, the Office of Intelligence and Analysis, and the Office of Terrorist Financing and Financial Crimes). Before serving as Under Secretary of Treasury, Sigal was a partner at Proskauer in New York. Sigal also previously served in a number of senior positions in the U.S. government, including as Deputy Assistant Attorney General in the Criminal Division of the Justice Department, an AUSA in the Southern District of New York, Counselor to Secretary of Homeland Security Michael Chertoff, and Counsel to the Deputy Attorney General. Sigal is also an Advisor to Chainalysis, is on the Board of the Financial Technology Association, serves on the advisory group to the Digital Dollar Project, and is Member of the US Holocaust Memorial Council. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24
Chris Giancarlo burst on to the crypto scene as Chairman of the Commodity Futures Trading Commission when he testified before Congress, addressing lawmakers not as a regulator, he said, but "as a dad." The moniker Crypto Dad was soon bestowed on him and he used it as the title for his recent book, CryptoDad, The Fight for The Future Of Money. We talk about Chris's early life, spending afternoons at a New York City jazz club as a kid, his journey through the law and to the CFTC. He's been working on The Digital Dollar Project for about two years now, an effort to educate lawmakers and regulators about the benefits of having the U.S. dollar in digital form. Buy CryptoDad here The Digital Dollar Project white paper Follow Chris on Twitter
President Joe Biden pleasantly surprised the cryptocurrency market by issuing a comprehensive (yet vague) executive order outlining how the government will oversee the burgeoning industry. So, what happens next? The United States Treasury is leading or participating in the majority of the studies, which range in length from 60 to 180 days on average. Now that the lines have been drawn, it remains to be seen how officials in Washington think and how that translates into crypto policy. One report that the agency is tasked with leading concerns the future of payments and money. The issue of a central banking digital currency is one that the administration is expected to investigate thoroughly (CBDC). The most pressing questions concern how a digital dollar will interact with stablecoins and other privately issued digital assets, how these relate to the strategic position of the US dollar in general, and the relationship between digital and fiat assets. According to senior administration officials, CBDCs will be investigated for use as real-time payments – or whether another option may exist. FedNow, the Fed's upcoming real-time payment system, will allow consumers and businesses to send payments instantly beginning in 2023 and could be a potential test case. Officials are considering what needs a CBDC will fill once FedNow is available and real-time payments through that system are more feasible. "You could see stablecoins develop more quickly and broadly if there is adequate disclosure, certification of claims, and an audit function," said Chris Giancarlo, former Commodities Futures Exchange Commission Chair. "One possible future is that retail payments are made through commercially operated stablecoins and wholesale payments are made through the FedNow payment system," said Giancarlo, who is also the co-founder of the Digital Dollar Project, which has investigated the relationship between societal values and CBDCs. As other countries, such as China, promote their own digital currencies, Giancarlo has been advocating for the United States to lead the way in CBDCs. "I don't think the United States is a first mover in terms of deploying a CBDC, but we don't want the United States to be a last mover in exploring the technology," Giancarlo told Yahoo Finance. "It's like 5G. China is developing a digital yuan not only for domestic use but also for export." He claimed that China will export the basic core CBDC technology to any country that wants to get off the dollar. "It will be CBDC in a box provided by the People's Bank of China," he says. "If you're Cuba, Ecuador, or Venezuela, it'll be something you import from China." CBDCs are a controversial topic Another major issue that needs to be addressed, according to officials, is the interoperability of a US CBDC with international counterparts, and how that would be structured. Officials say there are also some private projects or multi-central bank projects looking into CBDC clearing and interoperability. Biden's executive order encourages the executive branch to take the lead on this potential outcome. If the United States pursues a CBDC, officials consider that a U.S. token would interact seamlessly with the global system, given that the US dollar is the premier reserve currency and central to the global financial system. "Adoption of US CBDC could fundamentally alter the role of both central and commercial banking," said Lisa Ledbetter, partner in Reed Smith's Financial Industry Group. "Weighing all of the factors in the EO is a policy and practical balancing act. Because a US CBDC would have international ramifications, it is critical that the private sector, foreign central banks, and other stakeholders have a seat at the table "said Ledbetter, who has worked for Freddie Mac, the Federal Deposit Insurance Corporation (FDIC), and the Treasury. However, there is no telling what a digital dollar might look like at the end of the process. The Federal Reserve is also being asked to expand on its research paper on the benefits and drawbacks of a CBDC, reflecting how the president's order placed "the highest priority" on such an instrument. If the administration determines that a digital dollar is in the best interests of the country, officials will decide whether legislation should be enacted. The Justice Department has been tasked with investigating whether legislation is required to move forwards with a CBDC. "Since the Fed is already conducting experiments involving digital currencies and a hypothetical CBDC, I would expect to see the results of that testing make their way into the EO research and next steps," Ledbetter told Yahoo Finance. Risks and solutions As the crypto industry has grown rapidly, the administration is taking a close look at the risks that cryptocurrencies pose to investors, consumers, and financial stability. The EO charges the Financial Stability Oversight Council (FSOC), which was formed following the 2008 financial crisis to monitor risks to the financial system, with researching what systemic risks digital assets pose to the financial system. The President's Working Group on Financial Markets (PWG) has already charged FSOC with investigating the systemic risks of stablecoins. Administration officials have stated that they will examine crypto as a whole through a lens similar to the PWG's report on stablecoins. This report highlighted the risks of stablecoin runs, the operational stability of the stablecoin issuance model, and the risks associated with power and commercial business consolidation. According to officials, the FSOC could go through a similar exercise to identify risks and solutions. However, an official familiar with the matter told Yahoo Finance that it was unclear whether the FSOC would get too granular about systemic risk – which may be best left to a regulator or legislation. Once the reports are completed, the government will have collaborated across agencies to reach a consensus on whether, in certain cases, it needs to hand off a set of recommendations for Congress to write legislation around – or if agencies will write new rules under their authority. Support us!
On this episode of the podcast, Grizz sits down with two former US financial regulators, Sultan Meghji (former FDIC Chief Innovation Officer) and Jennifer Lassiter (founding member of the Innovation Lab at the FDIC), to discuss the regulator perspective on open source in financial services. There are ups and downs, twists and turns, and we also discuss the value of using open source as a tool to attract and retain talent both in financial services, and for financial regulators as well. Sultan Meghji https://www.linkedin.com/in/sultanmeghji/ Former FDIC Chief Innovation Officer, 30 years of tech background. Current Scholar at the Carnegie Endowment for International Peace, member of Bretton Woods and Professor at Washington University. Jennifer Lassiter - Executive Director, The Digital Dollar Project & Former Founding Member of the Innovation Lab at the FDIC https://www.linkedin.com/in/jbrookslassiter/ As Executive Director of The Digital Dollar Project (DDP), Jennifer convenes private sector thought leaders to explore the future of money and advance the exploration of a U.S. central bank digital currency. Prior to joining DDP, Jennifer served as a founding member of the Innovation Lab at the Federal Deposit Insurance Corporation and was a senior leader in the Innovation and Technology Offices at the Consumer Financial Protection Bureau. During her career as a civil servant, Jennifer stood up the first U.S. financial regulator Tech Sprint Program; elevated the use of data science and analytics to executive levels; and built and scaled an award-winning design-centric technology team that changed how technology and data shaped federal regulation. This included leading teams that collaborated with the United States Digital Service to create the first iteration of the U.S. Web Design System and participated in the drafting of the first U.S. Federal Source Code policy. OSSF is now OSFF - Dates - Call For Papers Now Open! Open Source in Finance Forum - https://events.linuxfoundation.org/open-source-finance-forum/ OSFF London Call for Proposals - https://events.linuxfoundation.org/open-source-finance-forum-london/program/cfp/ OSFF New York Call for Proposals - https://events.linuxfoundation.org/open-source-finance-forum-new-york/program/cfp/ Grizz's Info | https://www.linkedin.com/in/aarongriswold/ | grizz@finos.org ►► Visit FINOS www.finos.org ►► Get In Touch: info@finos.org
Chris Giancarlo served as the thirteenth Chairman of the U.S. Commodity Futures Trading Commission. While leading the CFTC, Chris earned the nickname “CryptoDad” for his call on Congress to respect a new generation's interest in cryptocurrency, an experience he details in his excellent new book “CryptoDad: The Fight for the Future of Money.” Chris is also the co-founder of the digital dollar project, which promotes research into a US central bank digital currency. Chris' Twitter: @giancarloMKTS Related Links * CryptoDad: The Fight for the Future of Money CryptoDad: The Fight for the Future of Money: J. Christopher Giancarlo, Cameron Winklevoss, Tyler Winklevoss: 9781119855088: Amazon.com: Books *The Digital Dollar Project https://digitaldollarproject.org/
We at Messy Times are such fierce advocates for freedom that we have already been canceled by Woke Tech. We are joined in our passion for free people exercising their free will in free markets by the Honorable former Chairman of the CFTC, J. Christopher Giancarlo. His wonderful book CryptoDad has just been released. Buy a copy - it's a brilliant handbook for non-specialists, which will help you fight the fight against government mandarins who want to control every aspect of your life, from what you say, what you do with your body, to what you are "allowed" to purchase. The Biden Unity Government shares a core goal of the Chinese Communist Party in wanting to micromanage every penny in "your" bank accounts; tune in to fight those powers. Get involved at the Digital Dollar Project. --- Send in a voice message: https://anchor.fm/messytimes/message Support this podcast: https://anchor.fm/messytimes/support
Chris Giancarlo is a Former Chairman of the CFTC and the author of the book CryptoDad The Fight For The Future of Money. We discuss his book, what's new with the Digital Dollar Project, CBDCs, Bitcoin ETF approvals, US Crypto Regulations, Infrastructure Bill, Stablecoins, SEC and CFTC, Facebook's Digital Currency, and much more.https://www.chrisgiancarlo.org/bookhttps://twitter.com/giancarloMKTS
Could a Crypto address be as important as a mailing address in the future? In this conversation with Cuy Sheffield, Head of Visa's Crypto - we explore what the near future for Crypto holds, how Visa got into the NFT space, and how finding a career that aligns with your passion is the dream.Cuy Sheffield is the VP and Head of Visa's Crypto team. Leading the global crypto product team within the fintech product organization. Cuy is a fellow at the Visa Economic Empowerment Institute, a co-chair of the World Economic Forum's Global Future Council on Cryptocurrencies and a member of the advisory group for the Digital Dollar Project. Before Visa, Cuy worked on business development and partnerships for TrialPay, a fintech startup that Visa acquired in 2015. Recent Blog: NFTs mark a new chapter for digital commerceFor more information about the sponsor of this show First Boulevard, a financial technology company designed to build generational wealth for Black America, visit www.firstboulevard.com/This podcast is produced by Rainbow Creative & with Matthew Jones as Senior Producer + Editor, and Jason Waggoner as Audio Engineer. Find out more about how to create a podcast for you or your business at http://rainbowcreative.co
Diese Episode widmet sich im ersten Teil vor allem Diem—dessen FINMA-Bewerbung in der Schweiz ist zurückgezogen—und den Bitcoin-Turbulenzen. Darüber hinaus diskutieren Alexander, Jonas und Michael im zweiten Teil CBDC-Updates aus den USA und China sowie News aus der Unternehmenswelt rund um Krypto. Diem: Diem hat seine Bewerbung bei der Schweizer Finanzmarktaufsichtsbehörde FINMA für das Betreiben eines Zahlungssystems in der Schweiz zurückgezogen. Der Antrag wurde vor einem Jahr gestellt und der Prozess war bereits “weit fortgeschritten”. Nach Erteilen der Lizenz hätte Diem theoretisch live gehen können—ein Strategiewechsel zwingt aber zum Pivotieren. Bitcoin: Erst Elon Musk, dann China: Zwei Riesen kritisieren Bitcoin mit zeitgleichen drastischen Kursturbulenzen. China sich nun deutlich gegen Kryptowährungen positioniert. Die chinesische Zentralbank hatte abermals betont, dass Digitalwährungen nicht als Zahlungsmittel genutzt werden dürfen. Tesla-Chef Musk sorgt zudem mit Bitcoin-Äußerungen für Furore. Musk hatte Ende Februar erst einen Kursanstieg ausgelöst mit der Aussage, dass Tesla Bitcoin als Zahlungsmittel nutze und in diese investiert habe. CBDC: Chinas digitaler Yuan erweitert sich von Verbraucherzahlungen zu Geschäftsszenarien. Das US-amerikanische Digital Dollar Project gab am Montag bekannt, dass es in den nächsten 12 Monaten fünf Pilotprogramme starten wird, um die potenzielle Verwendung einer digitalen Währung der US-Zentralbank zu testen. Dies ist der erste Versuch dieser Art in den USA. Krypto in der Unternehmenswelt: Microsoft Azure stellt seinen Blockchain-Service ein—obgleich J.P. Morgan, Starbucks oder Singapore Airlines bereits Kunden sind. Die US-Investmentbank JP Morgan startet eine neue Blockchain-Initiative im grenzüberschreitenden Zahlungsverkehr mit der größten Bank Südostasiens, DBS, und der staatlichen singapurischen Investmentgesellschaft Temasek. Die Commerzbank und Deutsche Börse bilden strategische Partnerschaft mit dem Fintech 360X, um digitale Ökosysteme zur Tokenisierung zu gestalten. Ebay startet NFT-Verkauf.
The Digital Dollar Project — a private sector initiative by the Digital Dollar Foundation and Accenture — recently became a late entrant to the central bank digital currency (CBDC) testing grounds, announcing at least five pilots within the next year. But the United States Federal Reserve has yet to commit to the launch of a digital dollar, widening the gap between the US and other central banks — including China — in CBDC developments. Beijing, having already launched numerous pilot projects in various forms for its CBDC, now officially known as the e-CNY, has a seven-year lead against the US in the global CBDC race. “I would push aside the race analogy, but I would say there's a contest,” former Commodities Futures Trading Commission chair and founder of the Digital Dollar Foundation, J. Christopher Giancarlo, told Forkast.News in a video interview. “The winner of the contest is the nation that successfully incorporates into a digital currency their societal values.” Fed chair Jerome Powell also brushes aside the race analogy, voicing the importance of getting a digital dollar “right” rather than “first.” But U.S. dollar dominance is dwindling. A recent International Monetary Fund (IMF) report found that global reserves of the U.S. dollar sunk to a 25-year low of 59%, numbers not seen since 1995. But Giancarlo says that a digital dollar carrying the values of a democratic society could strengthen the dollar's position as world reserve currency. “We may see a world in which you've got a digital dollar, hopefully — and if we get it right carrying those [democratic] values — competing against currencies of non-democracies that carry different values with them, values of state, surveillance of government, control of financial markets [and] of social credit systems,” Giancarlo said. “The dollar could reemerge once again as — well, it is today, the reserve currency — but even more so because of those democratic values built-in compared to the alternatives.” Accenture's senior managing director David Treat discussed some aspects of how the Digital Dollar Project will explore some of these democratic values including benefits distribution. This being a controversial topic in the current U.S. financial structure, highlighted by a perceived lag in issuance of stimulus checks during the Covid-19 pandemic. “Part of what we're going to explore [are] the various options against a backdrop of not having a national ID system, which is also part of our core societal values,” Treat said. “That ability to actually pair a stablecoin that can embed that business logic into it and to be able to guide what is spent and what is not spent on, paired with a central bank digital currency, we see as a powerful combination and one that's certainly worth exploring.” As for the current state of the Digital Dollar Project and its five pilots in the coming year, Treat revealed the project is currently selecting appropriate players in the industry to lead the initiatives. “We're in the midst of picking the captains for each one of the pilots,” Treat said. “Very intentionally, when you think about the financial inclusion, the unbanked and underbanked, there may be some maybe some really, really important small local players that we announce.”
The Digital Dollar Project — a private sector initiative by the Digital Dollar Foundation and Accenture — recently became a late entrant to the central bank digital currency (CBDC) testing grounds, announcing at least five pilots within the next year. But the United States Federal Reserve has yet to commit to the launch of a digital dollar, widening the gap between the US and other central banks — including China — in CBDC developments. Beijing, having already launched numerous pilot projects in various forms for its CBDC, now officially known as the e-CNY, has a seven-year lead against the US in the global CBDC race. “I would push aside the race analogy, but I would say there’s a contest,” former Commodities Futures Trading Commission chair and founder of the Digital Dollar Foundation, J. Christopher Giancarlo, told Forkast.News in a video interview. “The winner of the contest is the nation that successfully incorporates into a digital currency their societal values.” Fed chair Jerome Powell also brushes aside the race analogy, voicing the importance of getting a digital dollar “right” rather than “first.” But U.S. dollar dominance is dwindling. A recent International Monetary Fund (IMF) report found that global reserves of the U.S. dollar sunk to a 25-year low of 59%, numbers not seen since 1995. But Giancarlo says that a digital dollar carrying the values of a democratic society could strengthen the dollar’s position as world reserve currency. “We may see a world in which you’ve got a digital dollar, hopefully — and if we get it right carrying those [democratic] values — competing against currencies of non-democracies that carry different values with them, values of state, surveillance of government, control of financial markets [and] of social credit systems,” Giancarlo said. “The dollar could reemerge once again as — well, it is today, the reserve currency — but even more so because of those democratic values built-in compared to the alternatives.” Accenture’s senior managing director David Treat discussed some aspects of how the Digital Dollar Project will explore some of these democratic values including benefits distribution. This being a controversial topic in the current U.S. financial structure, highlighted by a perceived lag in issuance of stimulus checks during the Covid-19 pandemic. “Part of what we’re going to explore [are] the various options against a backdrop of not having a national ID system, which is also part of our core societal values,” Treat said. “That ability to actually pair a stablecoin that can embed that business logic into it and to be able to guide what is spent and what is not spent on, paired with a central bank digital currency, we see as a powerful combination and one that's certainly worth exploring.” As for the current state of the Digital Dollar Project and its five pilots in the coming year, Treat revealed the project is currently selecting appropriate players in the industry to lead the initiatives. “We’re in the midst of picking the captains for each one of the pilots,” Treat said. “Very intentionally, when you think about the financial inclusion, the unbanked and underbanked, there may be some maybe some really, really important small local players that we announce.”
May 10 2021 https://www.coinbriefs.com/2021/05/05/the-digital-dollar-foundation-and-accenture-to-launch-digital-dollar-pilots/ https://www.forbes.com/sites/sarahhansen/2021/02/23/fed-chair-powell-says-digital-dollar-is-a-high-priority-project/?sh=16fdb05c7e4c https://finance.yahoo.com/news/digital-dollar-project-launches-5-143000848.html https://www.digitaldollarproject.org/ https://www.digitaldollarproject.org/our-latest-thinking/exploring-a-us-central-bank-digital-currency-through-pilot-projects https://www.gavi.org/ https://finance.yahoo.com/news/gavi-selects-accenture-support-finance-102900377.html https://finance.yahoo.com/news/powell-sees-progress-crypto-coexist-232641066.html https://cointelegraph.com/news/bitcoin-searches-in-turkey-spike-566-after-turkish-lira-drops-14 https://www.zerohedge.com/markets/crypto-tumbles-after-sec-chair-comments https://www.cnbc.com/2021/05/05/mike-novogratz-dogecoin-is-a-middle-finger-to-the-financial-system.html https://pedfire.com/digital-pretenders-to-the-dollars-throne/ https://www.cnbc.com/2021/05/05/bitcoin-is-coming-to-hundreds-of-us-banks-says-crypto-firm-nydig-.html https://www.zerohedge.com/markets/historic-reversal-first-time-ever-ether-options-trading-volume-surpasses-bitcoins https://www.zerohedge.com/political/arizona-elections-chief-alleges-problems-maricopa-county-audit-2020-election https://www.zerohedge.com/economics/gundlach-warns-americas-unfunded-liabilities-are-163-trillion-more-5x-national-debt https://www.weforum.org/agenda/2021/05/how-many-people-experienced-a-lower-income-due-to-covid-19 https://www.zerohedge.com/economics/melinda-gates-rented-private-island-hide-press-during-divorce-announcement https://static1.squarespace.com/static/5e16627eb901b656f2c174ca/t/5f0c5d052d6235002637d0f6/1594645769165/Digital-Dollar-Project-Whitepaper_vF_7_13_20.pdf Our link tree https://linktr.ee/TimAndJohnShow Join Our email list at bit.ly/timjohnemail To learn more about John Sneisen's work please go to https://theeconomictruth.org/ Join the conversation in Tim and John's Discord community: https://discord.gg/vkxUkqg Itunes: https://bit.ly/libertyadvisor Podcasts: https://libertarianadvisor.podbean.com/ Livestreams: https://flote.app/TheLibertyadvisor You can find us on other content platforms by following the link below https://thelibertyadvisorshow.com/showlinks/ Learn more about Tim's services: www.thelibertyadvisor.com Free 15 min Investing Consultation www.bit.ly/booktimp Subscribe to our emergency text list and receive a free ebook “How it's Rigged – The Economy” Text LibertyAdvisor (one word, no spaces) to 71441
This week, “Opinionated” co-hosts Ben Schiller, Anna Baydakova and Danny Nelson are talking to Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission, and David Treat, senior managing director at Accenture, the co-founders of the Digital Dollar Project .This episode is sponsored by hellointerpop.io, and The Sun Exchange.The Digital Dollar Project recently announced plans for a slew of pilot projects that will show what the tokenized U.S. dollar can and can't do. It's not clear yet exactly what those pilots will be.The global race for leadership in central bank digital currencies (CBDCs) started with China charging forward with its digital yuan project and all other nations rushing to catch up. Giancarlo believes the U.S. shouldn't miss a chance to set the standards for CBDCs globally. But is it enough to issue another CBDC to stop the digital yuan's expansion?Another important concern regarding CBDCs is privacy. Giancarlo and Treat believe the U.S. government will ensure the privacy of citizens' transactions, in keeping with the Constitution's Fourth Amendment. But what if the government is not the best guardian of personal information? We discuss the privacy concerns of CBDCs at length during this episode.Finally, who needs CBDCs if we already have dollar-pegged stablecoins, some of which are regularly audited and regulated by the U.S.? Giancarlo does not fully trust the stablecoin issuers on the market now: “Who is the holder of a reserve bank account? What if the holder of that account absconds with the money?” he asked.We discuss central bank digital currencies, and ask if we need this new form of money and how they will compete and integrate with private-sector initiatives, including USD-backed stablecoins.Find Christopher Giancarlo and David Treat on Twitter: @giancarloMKTS and @DBTreat.-InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io.-The Sun Exchange is offering CoinDesk Reports listeners a free solar cell with your first purchase and automatically lease them to power businesses in sunny, emerging markets.Image credit:kertlis/iStock/Getty Images Plus, modified by CoinDeskSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week, “Opinionated” co-hosts Ben Schiller, Anna Baydakova and Danny Nelson are talking to Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission, and David Treat, senior managing director at Accenture, the co-founders of the Digital Dollar Project .This episode is sponsored by hellointerpop.io, and The Sun Exchange.The Digital Dollar Project recently announced plans for a slew of pilot projects that will show what the tokenized U.S. dollar can and can’t do. It’s not clear yet exactly what those pilots will be.The global race for leadership in central bank digital currencies (CBDCs) started with China charging forward with its digital yuan project and all other nations rushing to catch up. Giancarlo believes the U.S. shouldn’t miss a chance to set the standards for CBDCs globally. But is it enough to issue another CBDC to stop the digital yuan’s expansion?Another important concern regarding CBDCs is privacy. Giancarlo and Treat believe the U.S. government will ensure the privacy of citizens’ transactions, in keeping with the Constitution’s Fourth Amendment. But what if the government is not the best guardian of personal information? We discuss the privacy concerns of CBDCs at length during this episode.Finally, who needs CBDCs if we already have dollar-pegged stablecoins, some of which are regularly audited and regulated by the U.S.? Giancarlo does not fully trust the stablecoin issuers on the market now: “Who is the holder of a reserve bank account? What if the holder of that account absconds with the money?” he asked.We discuss central bank digital currencies, and ask if we need this new form of money and how they will compete and integrate with private-sector initiatives, including USD-backed stablecoins.Find Christopher Giancarlo and David Treat on Twitter: @giancarloMKTS and @DBTreat.-InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io.-The Sun Exchange is offering CoinDesk Reports listeners a free solar cell with your first purchase and automatically lease them to power businesses in sunny, emerging markets.Image credit:kertlis/iStock/Getty Images Plus, modified by CoinDesk
NFTs, Cryptocurrency, Blockchain, Tokenization. There is more hype than ever for these technologies and endless debate on the utility of this technology. . While consumers are attempting to understand the value of cryptocurrency, governments and private firms across the globe are doing the same, and they are experimenting with the idea of a central bank for digital currency that will adapt and meet changing consumer needs.Main TakeawaysBenefits of a Central Bank: The digitization of currency will not only simplify the distribution of government cash, but it will eliminate banking deserts, which are large populations of the country where traditional banking branches are not accessible to the general public. By moving to a digital currency, users will be able to easily complete transactions similar to how cash purchases are done, but without the time needed to complete a credit transaction.Programmable Money: One of the exciting innovations and benefits of digital tokens is the concept of “programmable” money. This means that during the design and build phase, the technology that houses the currency can be reconfigured to scale and add critical functions at any time.Easily Traceable: By modernizing currency and moving to a digital token, the flow of currency from one user to another will be much easier to track than physical transactions. When transactions are done digitally, you can trace that currency back to where it originated, making it simpler and easier to detect fraud.IT Visionaries is brought to you by the Salesforce Platform - the #1 cloud platform for digital transformation of every experience. Build connected experiences, empower every employee, and deliver continuous innovation - with the customer at the center of everything you do. Learn more at salesforce.com/platform
💲 Se viene CBDC en EEUU - El Digital Dollar Project (DDP) o Proyecto del Dólar Digital, está lanzando 5 pilotos para identificar el posible diseño que tendría una moneda digital emitida por Estados Unidos - Inicialmente, la idea es identificar los requerimientos técnicos que tendría el Dólar Digital, además de identificar los posibles beneficios y retos que traería la implementación de esta nueva moneda - La FED es uno de varios Bancos Centrales en el mundo que están explorando lanzar su propia CBDC - Vale la pena recordar que de acuerdo con un estudio del Banco Internacional de Pagos, el 80% de los bancos centrales del mundo están contemplando esto 📈 ETH lleva 9 días subiendo y rompió con fuerza los 3.000, incluso llegó a romper los 3.200 y la capitalización de mercado superó los 360 mil millones, superando la capitalización de mercado de grandes bancos, como Bank of America y otras compañías como Walt Disney, Home Depot y Nestlé 🍴 Se acerca la llegada de London, el fork con el que pretenden reducir las comisiones de Ethereum - Aunque las comisiones en la red de Ethereum ya han venido bajando, el próximo 19 de mayo se empezarán las pruebas para el próximo fork de Ethereum - Se espera que la actualización esté implementada oficialmente en la red principal de Ethereum en julio de este año - Vale la pena mencionar que el mes pasado se realizó la última actualización a Ethereum conocida como Berlín - London traerá muchos más cambios a Ethereum de los que trajó Berlín, pues con esa propuesta se vuelve a cambiar la política monetaria de Ethereum - El gran cambio todavía está por venir y llegará cuando ETH 2.0 esté listo ⏩ En noticias rápidas: - Nuevo hack a un proyecto DeFi en BSC. Esta vez la víctima es Spartan Protocol con una pérdida de 30 millones de dólares - Michael Saylor, CEO de MicroStrategy, confirmó que la compañía continuará comprando Bitcoin (BTC). Actualmente, la compañía tiene más de 91k BTC, valorados en más de 5 mil millones de dólares - Mientras tanto, en Uzbekistán, el gobierno está considerando levantar las prohibiciones que existen en materia de criptomonedas desde 2019 - Y en China, parece que los reguladores del país están contemplando la posibilidad de regular la minería de Bitcoin y criptomonedas, señalando preocupaciones medioambientales 🇨🇳 Y hablando de China, el Banco Central de ese país está trabajando con Ant Group (filial de Alibaba) y Tencent para lanzar su yuan digital - De acuerdo con información del Banco de la Gente de China, la entidad está trabajando con ambas compañías privadas para llegar a más personas con la implementación de la CBDC de China - El plan es iniciar con pagos minoristas a nivel nacional, para posteriormente extender el alcance de la moneda digital a nivel internacional - Existen varias preocupaciones a nivel local y mundial con respecto a esta alianza, pues se teme por la privacidad de los usuarios - Algunos incluso se han atrevido a decir que la CBDC de China será una máquina de espionaje para aquellos que la utilicen 🚀 Suscríbete a nuestro Canal: https://www.youtube.com/channel/UCBiA... 00:00 Promo Bit2Me Academy 0:22 Sumario 1003 Primera Noticia 2:07 Segunda Noticia 3:11 Tercera Noticia 4:00 Cuarta Noticia 4:44 Noticia Bomba 5:36 Pregunta del día 5:59 Cierre #DigitalDollarProject #ETHMáximoHistórico #EthereumLondon #Blockchain #Mineria 🎁 *¡Has descubierto un regalo!* Si estás aquí, aprendiendo, te mereces nuestro regalo especial: Regístrate en Bit2Me con este enlace y en tu primera compra de 100€ o más te regalaremos 5€: https://bit2me.com/?r=75N-GP4-G0S *¡La revolución la creamos entre todos!* 📲¡Descárgate la APP! https://bit2me.com/download Compra y vende Bitcoin , Ethereum , Litecoin , Dash, Bitcoin Cash , Ripple y otras criptomonedas . Soporte telefónico en Español . Con tarjeta VISA / Mastercard , transferencia y dinero en efectivo . El mejor monedero ( wallet ) crypto. Nuestra web: https://bit2me.com 👉 Síguenos en las redes sociales: ⭕️ Facebook: https://www.facebook.com/bit2me ⭕️ Instagram: https://www.instagram.com/bit2me ⭕️ Linkedin: https://www.linkedin.com/company/9243641 ⭕️ Twitter: https://twitter.com/bit2me ⭕️ Telegram: https://t.me/Bit2Me_ES ⭕️ Lbry (Odysee): https://odysee.com/@bit2me:c ⭕️ Spotify: https://open.spotify.com/show/1Tj4kyX... ⭕️ iVoox: https://www.ivoox.com/podcast-bit2me-... y por supuesto, dale a la campanita para activar las notificaciones 👈 ✍🏻 ¡Apunta! Conoce todos nuestros servicios: ⭕️ Wallet: https://bit2me.com/wallet ⭕️ Tikebit (compra criptomonedas en tiendas físicas): https://www.tikebit.com/inicio&lang=es ⭕️ Academy: https://academy.bit2me.com ⭕️ Crypto TV: https://tv.bit2me.com ⭕️ Crypto Converter: https://converter.bit2me.com ⭕️ Agenda de crypto eventos: https://agenda.bit2me.com ...y muchos más en nuestra web! 📲¡Descárgate la APP! https://bit2me.com/download
In this RTD Live Talk, we touch on a variety of stories from the new Dollar program, the potential production cut at Ford Motors of 50% and a lot more. Join the community and give us a call and let us know what's on your mind.
Glen interviews Daniel Gorfine of the Digital Dollar Project about his vision for a government backed tokenized currency and a recent US “Sputnik Moment.” Also- a setback on payday lending, and a rejected credit union merger highlights the perils of succession planning. NOTE: This week we're re-posting a notable episode from earlier this summer.
Stablecoins have captured the imaginations of central bankers around the world. The power and efficiency of digital versions of local currencies on blockchains, and the promise of a more transparent and accessible financial system, have led nearly every central bank on the planet to launch a central bank digital currency (CBDC) initiative. While most of these efforts have focused on research, planning, and proposals, private sector stablecoins have been in the market for years and have seen incredible growth. From trade finance, to remittances, to cross-border business payments, digital dollar stablecoins have seen the fastest growth as macro conditions accelerate dollarization across the globe. To take one example, USD Coin (USDC), a fully-reserved and regulated US dollar stablecoin, recently topped 500% growth in market capitalization this year alone. With China's CBDC beginning to roll out, and imminent launch of Facebook's Libra payments network, and increased attention on Capitol Hill around the distribution of COVID-related aid and financial inclusion, digital dollar initiatives at the Fed are in the spotlight. To help unpack these topics and examine the intersection between CBDC and private sector digital dollar stablecoins, we're joined this week by Chris Giancarlo, Director of The Digital Dollar Project, a partnership between Accenture and the Digital Dollar Foundation focused on advancing the exploration of a United States Central Bank Digital Currency (CBDC). Chris Senior Counsel to the law firm Willkie Farr & Gallagher and the former Chairman of the U.S. Commodity Futures Trading Commission (CFTC). Mr. Giancarlo also served as a member of the Financial Stability Oversight Committee (FSOC), the President's Working Group on Financial Markets, and the Executive Board of the International Organization of Securities Commissions (IOSCO). We are honored to have Chris on the show for what promises to be an exciting and wide-ranging conversation. Live on YouTube Thursday October 8th at 1p ET, Watch each week live on YouTube, and be sure to subscribe on Apple Podcasts, Spotify and YouTube.
Stablecoins have captured the imaginations of central bankers around the world. The power and efficiency of digital versions of local currencies on blockchains, and the promise of a more transparent and accessible financial system, have led nearly every central bank on the planet to launch a central bank digital currency (CBDC) initiative. While most of these efforts have focused on research, planning, and proposals, private sector stablecoins have been in the market for years and have seen incredible growth. From trade finance, to remittances, to cross-border business payments, digital dollar stablecoins have seen the fastest growth as macro conditions accelerate dollarization across the globe. To take one example, USD Coin (USDC), a fully-reserved and regulated US dollar stablecoin, recently topped 500% growth in market capitalization this year alone. With China's CBDC beginning to roll out, and imminent launch of Facebook's Libra payments network, and increased attention on Capitol Hill around the distribution of COVID-related aid and financial inclusion, digital dollar initiatives at the Fed are in the spotlight. To help unpack these topics and examine the intersection between CBDC and private sector digital dollar stablecoins, we're joined this week by Chris Giancarlo, Director of The Digital Dollar Project, a partnership between Accenture and the Digital Dollar Foundation focused on advancing the exploration of a United States Central Bank Digital Currency (CBDC). Chris Senior Counsel to the law firm Willkie Farr & Gallagher and the former Chairman of the U.S. Commodity Futures Trading Commission (CFTC). Mr. Giancarlo also served as a member of the Financial Stability Oversight Committee (FSOC), the President's Working Group on Financial Markets, and the Executive Board of the International Organization of Securities Commissions (IOSCO). We are honored to have Chris on the show for what promises to be an exciting and wide-ranging conversation. Live on YouTube Thursday October 8th at 1p ET Watch each week live on YouTube, and be sure to subscribe on Apple Podcasts, Spotify and YouTube. About the Show The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money. The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through programmable internet commerce. Learn more about Circle Business Accounts and Platform APIs at https://circle.com.
Glen interviews Daniel Gorfine of the Digital Dollar Project about his vision for a government backed tokenized currency and a recent US “Sputnik Moment.” Also- a setback on payday lending, and a rejected credit union merger highlights the perils of succession planning.
Other top news: China's new blockchain cross-border payment platform for Hong Kong, Macau and Guangdong. 5G for all in Shenzhen. Fintech VC in India.
At an event at the NYU Stern School of Business, Christopher Giancarlo, former CFTC Chairman and co-founder of the Digital Dollar Foundation, discusses his proposal for a US central bank digital currency (CBDC), and how that fits into the broader geopolitical environment. We cover: Why he has focused on pushing for a US digital dollar after leaving the CFTC How a US CBDC would be different from other stablecoins How the proposal is designed to build off of the traditional banking infrastructure What pilot programs would look like How a digital dollar would foster economic inclusion even though using the digital dollar requires owning a smartphone How it would handle privacy How the network would be secured Whether the US is falling behind China in terms of central bank digital currencies and blockchain exploration Whether Libra will be a proxy for the digital dollar How COVID-19 has affected the discourse around a digital dollar Whether the election will affect the future of the digital dollar Unchained is hiring! Check out our job listing for a remote editorial assistant here! https://unchainedpodcast.com/seeking-remote-editorial-assistant/ Thank you to our sponsors! Crypto.com: https://crypto.com Kelman Law: https://crypto.law Stellar: https://www.stellar.org Episode links: Chris Giancarlo: https://twitter.com/giancarlo Digital Dollar Project : https://www.digitaldollarproject.org Previous Unchained interview with Chris: https://unchainedpodcast.com/christopher-giancarlo-on-the-craziness-of-becoming-crypto-dad/ Chris and Daniel Gorfine's WSJ op-ed advocating for a digital dollar: https://www.wsj.com/articles/we-sent-a-man-to-the-moon-we-can-send-the-dollar-to-cyberspace-11571179923 Digital dollars in stimulus bills — March: https://www.coindesk.com/house-stimulus-bills-envision-digital-dollar-to-ease-coronavirus-recession April: https://www.coindesk.com/digital-dollar-reintroduced-by-us-lawmakers-in-latest-stimulus-bill Pew Research on smartphone adoption: https://www.pewresearch.org/internet/fact-sheet/mobile/ FDIC survey on the unbanked and underbanked: https://www.fdic.gov/householdsurvey/2017/2017execsumm.pdf Banks keeping some of customers' stimulus money: https://www.nytimes.com/2020/04/16/business/stimulus-paychecks-garnish-banks.html Why a digital dollar is politically more feasible at this moment than before: https://www.coindesk.com/the-overton-window-opens-for-a-digital-dollar Ohio Senator Sherrod Brown also proposes digital dollar: https://www.coindesk.com/us-senate-floats-digital-dollar-bill-after-house-scrubs-term-from-coronavirus-relief-plan Philadelphia Fed paper: https://www.philadelphiafed.org/-/media/research-and-data/publications/working-papers/2020/wp20-19.pdf Receptivity in Congress to the idea of a digital dollar: https://www.coindesk.com/how-a-flurry-of-digital-dollar-proposals-made-it-to-congress Libra white paper: https://libra.org/en-US/white-paper/#cover-letter Congressional hearing on using FedAccounts and for stimulus: https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=406612
The Digital Dollar Project could offer the U.S. government a path forward for a central bank digital currency.
Cointelegraph has a very good article [1] that discusses a recent paper published by the Phildelphia Fed [2] on CBDCs and whether they are a threat to the commercial banking system. The article refers to a number of differing views on this topic, including that of Marshall Hayner, CEO of Metal, who is largely supportive of CDBCs, and that from IMF's Tommaso Mancini-Griffoli who said CBDCs should be provided in public private partnership [6]. It also provides a reference to important whitepaper [5] of the Digital Dollar Project [4]. So what does this all mean? 1. https://cointelegraph.com/news/central-bank-digital-currencies-endanger-private-banks-says-federal-reserve 2. https://www.philadelphiafed.org/-/media/research-and-data/publications/working-papers/2020/wp20-19.pdf 3. https://cointelegraph.com/news/digital-dollar-project-releases-white-paper-laying-out-groundwork-for-us-cbdc 4. https://www.digitaldollarproject.org/publications 5. https://static1.squarespace.com/static/5e16627eb901b656f2c174ca/t/5ecfc542da96fb2d2d5b5f15/1590674759958/Digital-Dollar-Project-Whitepaper_vF.pdf 6. https://cointelegraph.com/news/imf-official-says-public-private-cbdc-offers-best-of-both-worlds
CoinDesk's annual conference on the future of the global financial system is happening this week. Consensus: Distributed features hundreds of hours of programming with more than 150 speakers over five days, from May 11th-15th.HighlightsChris Giancarlo and Martin Chorzempa talking with CoinDesk Asia about the Digital DollarGiancarlo is a renowned blockchain technology advocate and key contributor to the global discourse on cryptocurrencies and digital assets. Mr. Giancarlo is the founder of the Digital Dollar Project, dedicated to catalyzing exploration of a US central bank digital currency. During his tenure as Chairman of the CFTC, the agency published primers on virtual currencies and smart contracts, the first bitcoin futures contracts were offered, and the CFTC launched LabCFTC as the agency's stakeholder in the digital evolution of derivatives trading markets. Martin Chorzempa, research fellow, joined the Peterson Institute for International Economics in 2017. He gained expertise in financial innovation while in Germany as a Fulbright Scholar and researcher at the Association of German Banks. He conducted research on financial liberalization in Beijing, first as a Luce Scholar at Peking University's China Center for Economic Research and then at the China Finance 40 Forum, China's leading independent think tank.Kathleen Breitman discussing Blockchain GamingKathleen is the co-founder of Coase, a software company which aims to lower transaction costs online, and Tezos, a smart contract platform.Caitlin Long on Bitcoin and Crypto Custody.Caitlin Long is a 22-year Wall Street veteran who has been active in bitcoin and blockchain since 2012. She led the charge to make her native state of Wyoming an oasis for blockchain companies in the US, where she helped Wyoming enact 13 blockchain-enabling laws in 2018 and 2019. From 2016-18 she jointly spearheaded a blockchain project for delivering market index data to Vanguard as chairman and president of Symbiont, an enterprise blockchain start-up. Caitlin ran Morgan Stanley's pension solutions business (2007-2016), held senior roles at Credit Suisse (1997-2007) and began her career at Salomon Brothers (1994-1997). QuadrigaCX Bankruptcy and FalloutQuadrigaCX, you know the story: CEO found missing, $190 million of customer's funds missing, mismanagement, conspiracy. It's been a little over a year since former CEO Gerald Cotten's death was reported, setting off a whirlwind investigation, and this panel will give you insight into where the case stands today. And if you're a frustrated creditor, just allow you to vent and be heard.Tong Zou (Speaker) - QuadrigaCX Affected User, a software engineer, used to be based in San Francisco, now based in Vancouver.Evan Thomas (Speaker) - Evan is a Canadian litigator focusing on cases involving technology, privacy and data. He advises clients in the crypto space on matters relating to regulatory enforcement, litigation and other risks.Magdalena Gronowska (Speaker) - Quadriga Bankruptcy Inspector; Partner • MetaMesh. Magdalena is active in Canada's digital asset ecosystem – she recently supported the IPO launch of North America's first regulated, TSX-listed Bitcoin Fund, sits on the Board of Inspectors overseeing the CAD214 million bankruptcy of Quadriga, is a Partner at Metamesh – a blockchain and digital asset consultancy, and advises the Blockchain for Climate Foundation. Prior to joining the private sector, Magdalena managed multiple $million to $billion public sector initiatives that helped businesses start up, compete globally, and adopt technology.JPMorgan Extends Banking Services to Bitcoin Exchanges - JPMorgan is said to be now serving crypto exchanges. Coinbase and Gemini are reportedly the bank's first clients. This is the first time JPMorgan has taken clients from the crypto space. Coinbase and Gemini's accounts were approved last month, and transactions are now starting to be processed, per the report. JPMorgan is reportedly providing cash-management services to the crypto exchanges and handling dollar-based transactions for their U.S.-based customers. It will process wire transfers, and deposits and withdrawals through the Automated Clearing House (ACH) network. "It's quite significant news in my opinion," a banker told The Block. "There is little business in fees associated with processing wire and ACH payments, I would expect that there are other associated benefits to JPM from any associated banking services, additional collaboration with both of those firms, potential for winning any future IPO or another angle such as JPM coin being offered on either of those platforms." The banker added that the whole of Wall Street will notice this news, and it may lead to further doors being opened for crypto firms at other banks. "In the same way, the Paul Tudor Jones news gives macro hedge funds a justification to look at bitcoin, the largest bank offering crypto exchange services means a lot of credibility for the space."TON is officially dead. - Telegram founder Pavel Durov wrote in his public channel Tuesday that the Telegram Open Network (TON) project would be discontinued due to the company's ongoing legal fight with the U.S. Securities and Exchange Commission (SEC). "Today is a sad day for us here at Telegram. We are announcing the discontinuation of our blockchain project. Below is a summary of what it was and why we had to abandon it," he wrote. An accompanying blog post said the SEC's winning of a preliminary injunction in a U.S. court led to the decision because it barred Telegram from launching TON or distributing its gram tokens. The move is an abrupt shift for Telegram, which said less than two weeks ago it would be launching the network in April 2021. Telegram announced at the end of April its investors could receive 72% of their funds back immediately, or 110% back in a year, once TON had launched. U.S. investors would not be able to take the latter option, Telegram said in a later update. In Tuesday's post, Durov did not say whether all investors would be immediately refunded or how much they'd receive. "Sadly, the U.S. judge is right about one thing: We, the people outside the U.S., can vote for our presidents and elect our parliaments, but we are still dependent on the United States when it comes to finance and technology (luckily not coffee)," he wrote. The dollar and its influence on the global financial system give the U.S. immense power, Durov said, adding that the country can also influence Apple and Google to remove apps from their respective app stores. "So yes, it is true that other countries do not have full sovereignty over what to allow on their territory," he wrote. Durov closed his post with an appeal to decentralization. "I want to conclude this post by wishing luck to all those striving for decentralization, balance and equality in the world. You are fighting the right battle," he wrote. "This battle may well be the most important battle of our generation. We hope that you succeed where we have failed."References: CoinDesk The Block
CoinDesk's annual conference on the future of the global financial system is happening this week. Consensus: Distributed features hundreds of hours of programming with more than 150 speakers over five days, from May 11th-15th. HighlightsYves Mersch on Central Bank Digital CurrenciesMember of the Executive Board, Vice-Chair of the Supervisory Board • European Central BankYves Mersch was appointed to the Executive Board of the ECB in 2012 when serving his third term as Governor of the Banque centrale du Luxembourg, a position he had held since 1998. In 2019 he was appointed Vice-Chair of the ECB's Supervisory Board.Before setting up his country's central bank, he represented his country in the International Monetary Fund, World Bank, European Investment Bank and other multilateral organisations, as well as in private companies where he has been globally active in both financial and industrial areas.Mr Mersch holds postgraduate degrees in political science from Paris Sorbonne, and law from Paris Panthéon University. He is the longest-serving member on the ECB's Governing Council. Former Treasury Secretary Lawrence Summers & fintech author and futurist Dave Birch Former Treasury Secretary Lawrence H. Summers is one of America's leading economists. In addition to serving as 71st Secretary of the Treasury in the Clinton Administration, Dr. Summers served as Director of the White House National Economic Council in the Obama Administration, as President of Harvard University, and as the Chief Economist of the World Bank.Dr. Summers' tenure at the U.S. Treasury coincided with the longest period of sustained economic growth in U.S. history. He is the only Treasury Secretary in the last half century to have left office with the national budget in surplus. Dr. Summers has played a key role in addressing every major financial crisis for the last two decades. David G.W. Birch is an author, advisor and commentator on digital financial services. He is Global Ambassador for Consult Hyperion (the secure electronic transactions consultancy that he helped to found), Technology Fellow at the Centre for the Study of Financial Innovation (the London-based think tank) and a Visiting Professor at the University of Surrey Business School. Chris Giancarlo and the Digital Dollar Project & Dante Disparte of Libra AssociationThe Honorable J. Christopher (“Chris”) Giancarlo is an American attorney and former business executive who served as 13th Chairman of the United States Commodity Futures Trading Commission (CFTC). Dante Disparte is the vice chairman and Head of Policy and Communications for the Libra Association, a newly-formed organization that has brought together social impact organizations and a diverse group of leading businesses from around the world to create a low-friction, high-trust payment system that empowers billions of people. Gavin Wood on Chain Mergers and AcquisitionsGavin Wood, an original co-founder of Ethereum, took a few good swipes at the second-largest cryptocurrency he helped create, calling out its lack of “agency” when upgrading to its next version, Ethereum 2.0.Plan B discussion: Saifedean Ammous, Erik VoorheesSaifedean Ammous is the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, the first academic study of the economics of bitcoin. He also runs saifedean.com, a platform for online courses in economics. Erik Voorhees is among the top-recognized serial Bitcoin advocates and entrepreneurs, understanding Bitcoin as one of the most important inventions ever created by humanity. US Banking Regulator Suggests Federal Licensing Framework for Crypto Firms - Brian Brooks, chief operating officer of the U.S. Office of the Comptroller of the Currency (OCC), the nation's national bank overseer, said Monday he believes crypto companies could fall under a federal licensing regime – if they provide what can be described as payment services. Speaking at CoinDesk's Consensus: Distributed virtual conference, the former Coinbase chief legal officer said many crypto companies are payments companies, and it therefore might make sense to treat these startups – and other fintech firms like Stripe – the same way as banks are treated federally. "Crypto is one of those areas where we have to ask ourselves, does it make more sense to think of crypto projects as local projects or global projects. If they're global, then the rational for a single national license makes more sense," he said. "Increasingly, it looks a lot like crypto is banking for the 21st century."This would give these startups an alternative to the state-level money transmitter licenses when building operations.The European Central Bank (ECB) is looking into what a retail central bank digital currency (CBDC) form of the euro might look like - The ECB set up a task force earlier this year to look into what its potential CBDC could look like, and the group expects to publish a preliminary report in the coming weeks, said Mersch, an executive board member at the ECB. "A wholesale CBDC, restricted to a limited group of financial counter-parties, would be largely business as usual," Mersch said. "However, a retail CBDC, accessible to all, would be a game changer, so a retail CBDC is now our main focus." A retail CBDC could be based on a digital token circulated "in a decentralized manner," without a central ledger, Mersch said, though he stopped short of saying the words "blockchain" or "distributed ledger." He acknowledged that the traceability of digital transactions would raise privacy concerns among a population used to paying for some things with paper notes.Cold Currency War is brewing - Every sector is competing in a type of arms race to be a leader in the digital currency race.Vitalik Buterin said the Ethereum 2.0 protocol upgrade in July - Eth2 will change the consensus mechanism to proof-of-stake (PoS), is well on its way to launching sometime in July.Zcash Alliance Aims to Bring Privacy Tech to Bitcoin, Cosmos and Ethereum -A handful of big names in crypto want in on the privacy features offered by Zcash. The Electric Coin Company (ECC) announced Monday the launch of the Zcash Developers Alliance (ZDA), an invite-only working group that includes the Lightning Network startup Bolt Labs, the cross-chain technology startup Thesis, the Ethereum conglomerate ConsenSys and two leading startups working on the Cosmos project, Agoric and Iqlusion, just to name a few. “The ZDA is an attempt to introduce a way to collaborate with the ECC, and the Zcash ecosystem, which focuses around other people's priorities,” Iqlusion founder Zaki Manian said. “Product-market fit is other people [beyond fans and founders] actually caring about it.” Manian said the “Zcash anonymity set” is a “valuable public good,” describing how the privacy coin allows shielded transactions and the construct that allows individual transactions to get lost in the metaphorical crowd. References: CoinDesk
Jonathan and Michael are joined by J. Christopher Giancarlo, Director of the Digital Dollar Project. Mr. Giancarlo is also Senior Counsel to the law firm Willkie Farr & Gallagher and the former Chairman of the U.S. Commodity Futures Trading Commission (CFTC). Mr. Giancarlo also served as a member of the Financial Stability Oversight Committee (FSOC), the President's Working Group on Financial Markets, and the Executive Board of the International Organization of Securities Commissions (IOSCO). Mr. Giancarlo serves on the Advisory Board of the Chamber of Digital Commerce and as an independent director of the American Financial Exchange. He is also Chairman of the Board of Common Securitization Solutions, Inc. Under his leadership, the CFTC published primers on virtual currencies and smart contracts, oversaw the launch of the first bitcoin futures contracts and created LabCFTC as the agency's stakeholder in the digital evolution of derivatives trading markets. Follow Chris Giancarlo on Twitter: @giancarloMKTS ABOUT THE DIGITAL DOLLAR PROJECT The Digital Dollar Project is a partnership between Accenture (NYSE: ACN) and the Digital Dollar Foundation to advance exploration of a United States Central Bank Digital Currency (CBDC). The purpose of the Project is to encourage research and public discussion on the potential advantages of a digital dollar, convene private sector thought leaders and actors, and propose possible models to support the public sector. The Project will develop a framework for potential, practical steps that can be taken to establish a dollar CBDC. Learn more at: http://digitaldollarproject.org --- Send in a voice message: https://anchor.fm/digitaldollar/message
The U.S. government's efforts to stimulate the economy don't include a digital dollar, but a director of the Digital Dollar Project said that a central bank digital currency might be better in the long term for the United States.
Recorded April 12, 2020https://walkinverse.buzzsprout.com/In episode #9, "5G and Digital ID in Lock Step," I will discuss how 5G will bring about digital ids, currencies and tighter government control over our everyday life. This is a follow up to episode 8 as we continue with the mantra of, "Never let a good crisis go to waste."Sources* “WEF COVID-19 Action Platform”* “Will COVID-19 speed to digital currency?“* “AI to advance health of people and communities” * “Stimulus Jumpstarts Central Bank Currency On Ethereum” * “The Pandemic Gives Digital Currencies Another Chance” * “5G Network Coverage Map”* “Bank of England debating digital currency” * “Scenarios for the Future of technology”* “Photonic Signaling for Microelectronics”* “Pakistan, China and Russia to trade in local currencies”* “Open source tool COVID-19” * “ID2020 and partners program to provide digital ID with vaccines”* “Digital Dollar Project forms advisory group for US digital currency”* “COVID Action Platform” * “China Drafting Laws for Digital Currency” * “Bill Gates Calls For National Tracking System” * “Austin helps homeless bridge digital divide ”* “Apple, Google Covid-19 Contact-Tracing”* “5G Legislative Push” * “5G brink of widespread adoption” * “5G Coverage Map” WIV Reports — Uncensored is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit walkinverse.substack.com/subscribe
In episode #9, "5G and Digital ID in Lock Step," I will discuss how 5G will bring about digital ids, currencies and tighter government control over our everyday life. This is a follow up to episode 8 as we continue with the mantra of, "Never let a good crisis go to waste."To keep up to date of visiting me on the web to https://linktr.ee/walkinverseThank you, and enjoy the episode.New BookFirestorm: When History is Erasedhttps://www.amazon.com/dp/B084VQ48Q5Sources“WEF COVID-19 Action Platform”“Will COVID-19 speed to digital currency?"“AI to advance health of people and communities” “Stimulus Jumpstarts Central Bank Currency On Ethereum” “The Pandemic Gives Digital Currencies Another Chance” “5G Network Coverage Map”“Bank of England debating digital currency” “Scenarios for the Future of technology”“Photonic Signaling for Microelectronics”“Pakistan, China and Russia to trade in local currencies”“Open source tool COVID-19” “ID2020 and partners program to provide digital ID with vaccines”“Digital Dollar Project forms advisory group for US digital currency”“COVID Action Platform” “China Drafting Laws for Digital Currency” “Bill Gates Calls For National Tracking System” “Austin helps homeless bridge digital divide ”“Apple, Google Covid-19 Contact-Tracing”“5G Legislative Push” “5G brink of widespread adoption” “5G Coverage Map” Support the show (https://walkinverse.com/support-walk-in-verse/)