• The Bank of England (George Rex via Flickr, CC-BY-SA).
    Politics

    6 central banks team up to explore digital currencies

    England’s apex bank is joining forces with the Bank of Canada, the Bank of Japan, the European Central Bank, and others to study use cases for central bank digital currencies

    The Bank of England’s statement said the group will explore “CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and the sharing of knowledge on emerging technologies.”

  • "Crypto Dad" Chris Giancarlo is now fighting for a digital dollar (via Chamber of Digital Commerce).
    Politics

    ‘Crypto Dad’ goes all in on digital dollar

    Former CFTC chairman Chris Giancarlo partners with Accenture promote the potential of a U.S. central bank digital currency

    Former CFTC Chairman Chris Giancarlo has moved from regulating digital currencies to fighting for one with the launch of the Digital Dollar Foundation.

  • Sen. Kelly Loeffler has been in office three days and she still hasn't set up a press page. Doesn't she know that the most dangerous place in Washington is supposed to be between a member of Congress and a camera? (via @GovKemp)
    People,  Politics

    This is Awkward: Bakkt’s former CEO joins Senate committee overseeing CFTC

    Sen. Kelly Loeffler, who used to run bitcoin futures trading platform Bakkt was just appointed to a committee that oversees the Commodity Futures Trading Commission. What’s she gonna do?

    Former Bakkt CEO and current Senator Kelly Loeffler's membership on the committee overseeing the Commodity Futures Trading Commission presents a potential conflict of interest, but also gives the cryptocurrency industry a knowledgeable and friendly seat at the table.

  • LedgerX may have placed its founders "on administrative leave," but they're still listed as the company's leaders on its website (via LedgerX).
    People,  Regulation

    LedgerX founders Paul and Juthica Chou ousted after futures debacle

    Badly embarrassed by a bungled futures launch, the derivatives exchange removed its CEO and COO the same day rival Bakkt expanded its offerings

    On Dec. 9, LedgerX derivatives exchange CEO Paul Chou and his wife Juthica, the COO, were unceremoniously removed by the board of the company they founded. While no explanation was given, the company suffered a huge and embarrassing setback over the summer.

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