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Publications from the Future of Digital Currency Team

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"Security of Nakamoto Consensus under Congestion," with Lucianna Kiffer, Joachim Neu, Srivatsan Sridhar, Aviv Zohar, David Tse, March 2023

"SPEEDEX: A Scalable, Parallelizable, and Economically Efficient Decentralized EXchange," presentation with Geoffrey Ramseyer, Ashish Goel, and David Mazières

"Fragmentation Risks to the Dollar-Dominated International Financial Order," presentation slides, ABFER, Singapore, May, 2023.


"Digital currency policy economics," Doctoral course, Swedish House of Finance, Stockholm, June, 2022. Lecture 1 slidesLecture 2 slidesLecture 3 slides, Lecture 4 slides.

Technology and Finance, with Thierry Foucault, Laura Veldkamp, and Xavier Vives, CEPR Press, 2022.

"The economics of US digital currency policy," Bies Lecture, Northwestern University, April, 2022.

"Can China Conquer Crypto? Beijing's Dangerous Quest to Control Digital Currencies," Foreign Affairs, April 22, 2022.

"Excited About a Digital Dollar? Not So Fast," Bloomberg News, March 9, 2022.

"Digital Currencies: The US, China, And The World At A Crossroads," co-edited with Elizabeth Economy, Hoover Press, March, 2022.


Central Bank Digital Currencies,” Evidence session, Economic Affairs Committee, House of Lords, UK Parliament, October 12, 2021. Transcript.

Testimony before the U.S. Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy hearing on “Building a Stronger Financial System: Opportunities of a Central Bank Digital Currency,” June 9, 2021.

"Central Bank Digital Currency: Principles for Technical Implementation," with Kelly Mathieson and Darko Pilav, Digital Asset White Paper, April, 2021.