Sovereign and Central Bank Digital Currency – Is Cash Still the King?

Program Date: 05/27/2020
Description
With the ease of using a mobile bank, one might forget that all current monetary systems are based on the fact that technically only physical bills and coins are legal tender. The need to build digital layers on top of this setup leads to inherent friction. Why is not money natively digital? After the rise of Bitcoin and other digital blockchain based assets, practically every central bank around the world is now exploring the potential risks and benefits of turning money digital. The attorneys in this program are helping countries to issue natively digital sovereign currencies. They discuss the reason and future of Central Bank Digital Currencies, different approaches that countries are taking, and the roadblocks that need to be overcome before this major shift in the theory and makeup of money can happen.
Available in states
California, Colorado Eligible, Florida, Georgia, New Jersey Eligible, New York, Texas Self Study
Credit Information
50 minute credit hour - 1.0 General CLE credit, based on a 50 minute credit hour
60 minute credit hour - 1.0 General CLE credit, based on a 60 minute credit hour
State Program Numbers
Program Categories
Banking & Finance Law
Business Law
Business Organizations & Contracts
Computer, Internet & E-Commerce Law
Criminal Practice & Procedure
Cryptocurrency
Federal Courts
Florida Eligible
Intellectual Property Law
International Law
International Law & Global Trade
Securities & Investing
Presenters
![]() Joel Telpner, Esq. Sullivan & Worcester |
Joel Telpner is a highly sought-after legal advisor in the blockchain space, actively working with a large number of clients in structuring token distributions and enterprise blockchain applications. Joel brings more than 30 years of legal experience in a career that includes time as an AmLaw 100 partner, the former U.S. general counsel of a global financial institution and a venture capitalist. Joel is leading policy initiatives on global regulatory issues for blockchain on behalf of the Global Blockchain Business Council and the Blockchain Research Institute. He is also a member of the Wall Street Blockchain Alliance’s Legal Working Group, which is developing guidance on best practices for ICOs. He is recognized for his ability to deftly manage complex financial transactions, especially those involving sophisticated structured finance and derivatives matters, and has an extensive and unique combination of transactional and regulatory experience. Joel gave the key note speech "ICOs – Best Practices" at the World Economic Forum’s Blockchain Central in Davos, Switzerland in January 2018. He represents a diverse client base, including financial institutions, top 10 cryptocurrencies, governments, dealers, corporations, investment managers, mutual funds, hedge funds and pension plans. His practice focuses on the following: • Complex, structured finance and derivatives transactions |
![]() Mari Tomunen, Esq. Sullivan & Worcester |
Mari Tomunen advises blockchain and cryptocurrency companies with legal and regulatory issues and proceedings, most commonly those related to securities and commodities law. She has helped clients through dozens of successful token offerings ranging from $10 million to $200 million. Previously, Mari served as a judicial intern to the Honorable Denny Chin of the U.S. Court of Appeals for the Second Circuit, NY. She has also worked as an international corporate tax lawyer at KPMG Oy Ab, Finland, and as a research assistant to SEC Commissioner Robert J. Jackson, Jr. when he was a Professor at Columbia Law School, NY. Mari graduated from Fordham University School of Law with magna cum laude, and served as a staff member on Fordham Journal of Corporate and Financial Law. |
Categories
- (ADR) Alternative Dispute Resolution
- Administrative Law & Regulations
- Advertising
- Aircraft Law
- Alcohol and Beverage Laws
- Antitrust Law
- Arbitration & Alternative Dispute Resolution
- Art Law
- Artificial Intelligence
- Asset Protection
- Aviation Law
- Banking & Finance Law
- Bankruptcy Law & Creditor Rights
- Biotechnology & Life Sciences
- Business Law
- Business Organizations & Contracts
- California Consumer Privacy Act (CCPA)
- California Participatory MCLE Programs
- Cannabis Law
- Colorado Homestudy
- Communication Skills
- Communications and Media Law
- Complex Litigation
- Complex Resolution Strategy
- Computer, Internet & E-Commerce Law
- Constitutional Law
- Construction Law Series
- Consumer Protection Laws
- Contracts
- Copyright Law
- Corporate and Commercial Law
- Corporate and Securities Law
- Counterfeiting
- Covid-19
- Criminal Law & Procedure
- Criminal Law & White Collar
- Criminal Practice & Procedure
- Cryptocurrency
- Cybersecurity
- Data Security and Outsourcing
- Discrimination Law
- Dispute Resolution
- Diversity, Inclusion and Elimination of Bias
- Document Review
- Domestic Relations
- Drone Law
- E-Discovery
- Education Law
- Elder Law
- Election, Campaign & Political Law
- Elimination of Bias--Special ethics
- Employee Benefits & Compensation
- Employment & Labor Law
- Energy
- Entertainment/Arts
- Environmental Law
- Estate Planning
- Estate Planning & Probate
- Ethics & Professionalism
- Family Law
- Fantasy Sports Gaming
- Fashion Law
- Federal Courts
- Financial Regulatory
- Financial Services
- FinTech
- Florida Eligible
- Forensic
- Fraud Schemes
- Gaming
- Government Claims & Military Law
- Government Contracting
- Green Technology
- Health Care Law
- Hospitality Law
- Immigration and Naturalization Law
- In-House Counsel
- Information Technology
- Insider Trading
- Insurance Law
- Intellectual Property Law
- International Law
- International Law & Global Trade
- Jury Selection Skills
- Labor & Workforce Management Law
- Labor Law
- Law Practice Management
- Legal Management
- Legal Writing
- Litigation & Litigation Skills
- Litigation and Appeals
- Media & Communication Law
- Mediation
- Medical Malpractice
- Negligence, Malpractice & Personal Injury
- Negotiation Skills
- New York Accredited
- New York Privacy Law
- North Carolina
- Not Available for CLE Credit
- Oil & Gas Law
- Other States - Consult Your State Bar
- Patent Law
- Personal Injury
- Pharmaceutical Law
- Privacy and Data Security
- Privacy Law
- Professional Development
- Real Estate
- Regulatory and Administrative Law
- Religious Diversity
- Securities & Investing
- Securities and Antitrust Litigation
- Skills
- Social Media Law
- Speciality Credit
- Sports Law
- State Specific - CA
- State Specific - CA (Qualifies for Substance Abuse)
- State Specific - DE
- State Specific - NY
- State Specific Programs
- State Specific: CA (qualifies for Elimination of Bias)
- State, Local and Municipal Law
- Substance Abuse
- Substance Abuse & Bias
- Tanenbaum on Technology Law
- Taxation Law
- Technology Law
- Telemedicine
- Terrorism
- Texas Participatory CLE Programs
- Tourism and Gaming
- Trademark Law
- Trial Skills
- W Records
- White Collar
- Workplace training
- Wrongful Death