Last summer, a special subcommittee of the US Senate met remotely to weigh the benefits of launching a central-bank digital currency, or CBDC—something that could, if optimally designed, transform the US financial system, making it more accessible to more citizens. For senators staring intently at their laptops, this was basically the first day of digital-currency school. And to introduce them to this highly technical world, the first witness that Senator Elizabeth Warren called was MIT Digital Currency Initiative director Neha Narula.
Read MoreDCI Senior Advisor Gary Gensler’s Final Testimony on ‘Examining Facebook’s Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System’. Presented during the ‘Financial Services Committee’ at the United States House of Representatives on July 17, 2019.
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Read MoreThis week our colleague Gary Gensler was profiled in The New York Times talking about how Ethereum and Ripple should be classified as securities. DCI director Neha Narula continues the conversation about how cryptocurrencies and tokens should be regulated.
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