On Dec 10, 2019, Chris Brummer, Georgetown University law professor, has mentioned that Facebook’s proposed Libra currency has been quietly updated. With notable changes, the mention of “dividends” has been removed for Libra Association members or early investors. Meaning, in the original white paper which released earlier in June 2019, it was mentioned that the interest received from ... One of the keynote speakers, Georgetown Law Professor, Chris Brummer, presented some scenarios under which the U.S Fed could issue a CBDC, comparing the solution to that being advocated by stablecoins.Brummer was keen to highlight that not all CBDC's are created equal hence multiple scenarios for a dollar-backed CBDC. Georgetown law professor Chris Brummer was among the most notable panelists of the first day who discussed central bank digital currencies (CBDCs) together with David Mills of the Federal Reserve Board. According to YouTuber Crypto Eri, Ripple also touched upon its newly launched XRP-based lending product that allows getting on-demand capital to grow with On-Demand Liquidity (ODL) and scale ... Georgetown Law Professor and host of the Fintech Beat podcast Chris Brummer enjoins the fintech industry to tackle its race problem. Go to Source. Author: Cointelegraph By Kollen Post . Found this article interesting? Kindly share it on Social Media. Comments. 0. SHARES. Share Tweet. Posted in BITCOIN. Prev Robinhood Vows to Improve Platform Following Customer Tragedy. Next Market Wrap ... Chris Brummer, Georgetown Law Professor and Faculty Director of the Institute of International Economic Law, presented an overview of CBDCs, explaining how one might be designed and issued, on behalf of TACs Virtual Currencies Subcommittee. CBDCs have graduated from a niche idea to a topic that the U.S. Congress has discussed repeatedly this ... Bitcoin: New wave of institutional investors to move into BTC. Another ‘Sleeping Bitcoin’ Block Reward from 2010 Was Caught Waking Up After Ten Years . Elon Musk Refutes Claims of Bitcoin ATM in Tesla’s Gigafactory. Ethereum Miners Made 450k ETH From High Network Fees; What About Bitcoin (BTC) Miners? Binance Crypto Exchange Predicts Future Of Bitcoin. Stellar. Stellar Lumens (XLM ...
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