India’s Report on AI Governance Guidelines Development

The Internet Governance Project (IGP) filed these comments on the report of the Subcommittee on ‘AI Governance and Guidelines Development’ constituted by the Ministry of Electronics and Information Technology (MeitY). General comments on the subcommittee's report  The term AI should more accurately be referred to as advanced machine learning. Machine...

Interconnection and Rivalry in Global Monetary Networks : Strengthening the Dollar in a Shifting Global Economy

IGP is proud to release “Interconnection and Rivalry in Global Monetary Networks”, a comprehensive analysis of the evolving landscape of monetary competition. At a recent House Financial Services Committee hearing titled “A Golden Age of Digital Assets: Charting a Path Forward,” lawmakers once again emphasized the need for a unified...

Unpacking the Future of Digital Public Infrastructure at IGF 2024 in Riyadh

IGP is thrilled to announce its workshop (WS 257) at the 2024 Internet Governance Forum (IGF) in Riyadh: Emerging Norms for Digital Public Infrastructure: Tensions Between Globalization & Protectionism. Scheduled for December 17, Time: 9:30 am (local Riyadh time) 12 noon (Indian Standard Time). This session organized by IGP's Regional Director Jyoti...
Federal Reserve critique of Bitcoin

Digital Assets Series: Part 5 | Bitcoin vs. “Permanent Primary Deficits”

In the previous post (#4 of this series), we critiqued the European Central Bank’s arguments against Bitcoin, emphasizing that a simple dismissal of digital currencies is a lazy approach. While healthy skepticism about Bitcoin and other digital assets is warranted, completely dismissing a rapidly evolving technological and financial innovation merely...

Digital Assets Series: Part 4 | The European Central Bank’s Attack on Bitcoin

In October 2024, Senior Management of the European Central Bank (ECB) Market Infrastructure and Payments division published a hit piece on Bitcoin. The Federal Reserve Bank of Minneapolis followed suit shortly thereafter. The ECB paper provides an overdue perspective on Bitcoin from central bankers. We should take it seriously for...

The Narrative: August 15, 2023

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 Digital Assets Series: Part 2 | Digital Asset Classification

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...

The Digital Assets Series: Part 1 | Stablecoins

"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...

The Narrative: TikTok hearing; Chinese Drones; Stablecoins

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...