Main Edition
Back to Basics: The Benefits of Paradigmatic International Organizations
by Kristina Daugirdas & Katerina Linos[*] [Full text of this Article in PDF is available at this link] In the early 2000s, small “coalitions of the willing,” flexible networks, and nimble private-public partnerships were promoted as alternatives to bureaucratic,...
Volume 14, Issue 1
Volume 14, Issue 1 is out!
The Orkney Slew and Central Bank Digital Currencies
by Gary B. Gorton and Jeffery Y. Zhang[*] [Full text of this Article in PDF is available at this link] Introduction The advent of cryptocurrencies—particularly stablecoins, which are digital tokens that can circulate as private money—has ignited a debate on the...
It’s Not Just the Economics: Why U.S. Leadership on CBDCs Is a National Security Imperative
by Daleep Singh[*] [Speech in PDF is available at this link] Remarks delivered at the Harvard National Security Journal’s Symposium on Digital Currencies and National Security on October 14, 2022. [*] Chief Global Economist and Head of Global Macroeconomic Research at...
The U.S. Dollar and Central Bank Digital Currencies
by Christopher J. Waller[*] [Speech in PDF is available at this link] Remarks delivered at the Harvard National Security Journal’s Symposium on Digital Currenciesand National Security on October 14, 2022. [*] Member of the Board of Governors of the Federal Reserve...
A Meeting of Minds on Central Bank Digital Currencies for the United States: Commentaries from Participants in the Harvard National Security Journal’s October 14, 2022 Symposium on Digital Currencies and National Security
by Howell Jackson[*], Antionette Schoar[†], and Timothy Massad[‡] [Commentaries in PDF is available at this link] [*] James S. Reid, Jr., Professor of Law, Harvard Law School. [†] Stewart C. Myers-Horn Family Professor of Finance and Entrepreneurship, MIT Sloan School...
An Apparent Trilemma for Cross-Border Central Bank Digital Currencies
Giulia Fanti [*] [Full text of this Article in PDF is available at this link] Introduction Today, most central banks worldwide are exploring some form of central-bank digital currency (CBDC), a digital form of central bank money accessible to the public.1 There...
Cryptocurrencies and National Security: The Case of Money Laundering and Terrorism Financing
Shlomit Wagman [*] [Full text of this Article in PDF is available at this link] Introduction Cryptocurrencies can be a haven for criminals, terrorists, and sanction evaders. The early, romantic ideology underlying blockchain technology envisioned a decentralized...
Symbiotic Security and Free Speech
Michael J. Glennon [*] [Full text of this Article in PDF is available at this link] Introduction It has long been axiomatic that the Constitution limits only action by the state. Private actors cannot abridge freedom of speech; only the government can be charged with...
Volume 13, Issue 2
Dueling over Dual_EC_DRGB: The Consequences of Corrupting a Cryptographic Standardization Process By Nadiya Kostyuk and Susan Landau In recent decades, the U.S. National Institute of Standards and Technology (NIST), which develops cryptographic standards for...