Reports on the evolving digital political economy Oral arguments in Missouri v Biden appeal On August 10 the U.S. Court of Appeals for the 5th Circuit listened to oral arguments related to an injunction that restricts the Biden administration from communicating with social media platforms to request suppression of constitutionally...
The 118th Congress is set on addressing the regulatory vacuum around digital assets. Its April 19 inaugural session on “payment stablecoins” was covered in part 1 of this series, which also explained what stablecoins are and their implications for the larger macroeconomic system. With the debt ceiling controversy behind us...
"Digital" is often coupled with "transformation," and one area where its transformative powers are increasingly manifest is in finance and money. In this ongoing series, we will report on the US Congress's efforts to formulate digital assets policy. We use the term "digital assets" rather than digital money because it...
March 31, 2023 The Tiktok hearing backfires As expected, Congress tried to turn its cross-examination of Tiktok CEO Shou Chew into a public stoning. Committee members (helped along by Meta lobbying) came in with their minds made up, refused to listen to anything he said, and repeatedly interrupted him. The...
February 2, 2023 DoJ’s pointless swing at Google adtech On Jan 24, the Justice Department, along with the Attorneys General of eight states, filed a civil antitrust suit against Google for monopolizing multiple digital advertising technology products, including its ad publisher, exchange, and advertiser network platforms. The complaint is the...
January 16, 2022 IGP paper on TikTok makes waves On January 9 IGP released a threat analysis of TikTok that debunked claims that the popular short video app is a national security threat. Until now, the “ban TikTok” debate has never been subjected to critical scrutiny, and no one has...
December 15, 2022 US-EU Data Privacy Framework Moves Forward The European Commission published a “draft adequacy decision,” about the EU-US Data Privacy Framework. In a largely unheralded but highly consequential decision, the US committed itself to privacy protections for European citizens in an October Executive Order from the Biden administration....
September 15, 2022 What’s so great about The Merge? Ethereum finally upgraded its Proof of Work architecture to Proof of Stake, thus completing what was commonly being called "the merge." Up until September 15, 2022, there were two chains running in parallel on the Ethereum network: 1) the Mainnet used...
