Carole House

How today’s policymakers decide to balance freedom and security in the digital landscape will have massive consequences for the future. US digital policy must be aimed at improving national security, defending human freedom, dignity, and economic growth while ensuring necessary accountability for the integrity of the technological bedrock.

At a time when the US lags China in most critical technology sectors, a new calculus is required to align the private-public sector in a shared purpose to regain and sustain competitive advantage. Industry should adapt national security interests as critical corporate objectives akin to impact investing, and public-private efforts should point the weight and strength of U.S. markets toward developing economies and guardrails for emerging technologies of strategic importance.

With at least $1 billion reported in ransomware payments in 2021 and with incidents targeting critical infrastructure like hospitals, it is not surprising that the debate on ransomware payments is rising again. They are the primary motive for these criminal acts, serving to fuel and incentivize this ecosystem. However, taking a hardline position on ransomware payments is also challenging because of its potential impact on victims, visibility and cooperation, and limited resources. This article… Show more

With at least $1 billion reported in ransomware payments in 2021 and with incidents targeting critical infrastructure like hospitals, it is not surprising that the debate on ransomware payments is rising again. They are the primary motive for these criminal acts, serving to fuel and incentivize this ecosystem. However, taking a hardline position on ransomware payments is also challenging because of its potential impact on victims, visibility and cooperation, and limited resources. This article examines the positions for and against a ransomware payment ban as well as other policy initiatives that are needed in a comprehensive approach to address ransomware. Show less

Other Contributing Members of the Subcommittee (LinkedIn could not add the large number of contributors from our excellent subcommittee): Nikos Andrikogiannopoulos, Christian Catalini, Jonah Crane, Sunil Cutinho, Cantrell Dumas, Dan Guido, Jill Gunter, Stanley Guzik, Ben Milne, John Palmer, Ari Redbord, Michael Shaulov, Emin Gun Sirer, Justin Slaughter, Corey Then, Adam Zarazinski, Jeffery Zhang

The CFTC TAC presented to the CFTC with the aim of providing a framework for policymakers and… Show more

Other Contributing Members of the Subcommittee (LinkedIn could not add the large number of contributors from our excellent subcommittee): Nikos Andrikogiannopoulos, Christian Catalini, Jonah Crane, Sunil Cutinho, Cantrell Dumas, Dan Guido, Jill Gunter, Stanley Guzik, Ben Milne, John Palmer, Ari Redbord, Michael Shaulov, Emin Gun Sirer, Justin Slaughter, Corey Then, Adam Zarazinski, Jeffery Zhang

The CFTC TAC presented to the CFTC with the aim of providing a framework for policymakers and industry in approaching the regulation of DeFi.

Decentralized Finance (DeFi) presents promising opportunities and complex, significant risks to the U.S. financial system, consumers, and national security. The benefits and risks of DeFi depend significantly on the design and features of specific systems. A central concern relating to DeFi systems is the lack of, and some industry designs to avoid, clear lines of responsibility and accountability. The central message of this report is that both government and industry should take timely action to work together, across regulatory and other strategic initiatives, to better understand DeFi and advance its responsible and compliant development. Show less