Business Law

Cybercurrency Update from the Consumer Financial Services Committee

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The Consumer Financial Services Committee held its monthly Zoom meeting on August 18th.  Our next Zoom meeting will be on September 15th at 11:00 AM, when Damier Xandrine of Marqeta and Eric Weingarten at Truework explore cybercurrencies, digital tokens and the evolving world of blockchain technology.  Following their presentation, they will be able to take questions in what should be a very informative meeting.

If you would like to participate, you can join us at 11:00 a.m. this Wednesday by Zoom using this link:

For our upcoming meetings:

  • October 20:  Tricia Engelhart of Aldrich & Bonnefin will present on open-end credit and credit cards.
  • November – likely Nov. 17, and speaker not assigned – but the topic looks to be student Income Share Agreements (“ISAs”).  ISAs, offered by universities, colleges and others to finance post-secondary education and training, commit the student to a revenue sharing program if he or she has income above specified levels (but no obligation to repay otherwise).

Joining CFSC is simple, and you can do it online. We are actively looking for new members, so consider clicking BLS Standing Committees to apply and become active and aware in how Consumer Law is developing. Our members come from consumer advocacy firms and from those representing financial institutions – BOTH SIDES, in other words. Join us in a civilized and informed discussion of the issues you face today.

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