The Hoover Working Group on The Global Implications of China’s Central Bank Digital Currency invites you to the launch event of its report, Digital Currencies: The US, China, And The World At A Crossroads on Friday, March 4, 2022 from 10:00 a.m. - 12:00 p.m. PT. 


Watch the Discussion


Introductory remarks by 

Condoleezza Rice
Tad and Dianne Taube Director 
Thomas and Barbara Stephenson Senior Fellow on Public Policy

Featuring panel discussions hosted by

Larry Diamond
Senior Fellow and Cochair of the project on China’s Global Sharp Power
Hoover Institution
Mosbacher Senior Fellow in Global Democracy, Freeman Spogli Institute for International Studies
Stanford University

Panel 1. China’s New Digital Currency: Function and Motives

Zhiguo He
Fuji Bank and Heller Professor of Finance and Jeuck Faculty Fellow
Booth School of Business, University of Chicago

Glenn Tiffert
Research Fellow and Cochair of the project on China’s Global Sharp Power
Hoover Institution

Panel 2. International Implications

Sigal Mandelker
General Partner, Ribbit Capital
Former Under Secretary of Treasury for Terrorism and Financial Intelligence

Raghuram Rajan
Senior Fellow, Hoover Institution
Katherine Dusak Miller Distinguished Service Professor of Finance
Booth School of Business, University of Chicago

Yaya Fanusie
Chief Strategist, Cryptocurrency AML Strategies
Adjunct Senior Fellow, Center for a New American Security

Panel 3. Challenges and Opportunities for U.S. Digital Currencies

Neha Narula
Director, Digital Currency Initiative
MIT Media Lab

Stuart Levey
CEO
Diem Networks US

Key Policy Recommendations

Darrell Duffie
Adams Distinguished Professor of Management and Professor of Finance,
Stanford Graduate School of Business
Senior Fellow (by courtesy), Hoover Institution

For information about the Working Group on the Global Implications of China’s Central Bank Digital Currency, click here.


SPEAKER BIOS

Yaya J. Fanusie is chief strategist at Cryptocurrency AML Strategies and adjunct senior fellow at the Center for a New American Security. Mr. Fanusie is a former CIA analyst. Now in the private sector, he consults on anti-money-laundering work related to digital assets and conducts research on the national security implications of global fintech innovation.

 

Zhiguo He is the Fuji Bank and Heller Professor of Finance, and the Jeuck Faculty Fellow in the Booth School of Business at the University of Chicago. Professor He is a financial economist with a specialty in macroeconomy, banking, and the Chinese economy.

 

Stuart Levey is CEO of Diem Networks US. Mr. Levey was the undersecretary of treasury for terrorism and financial intelligence in the Bush and Obama administrations (2004–11) and the chief legal officer of HSBC Holdings (2012–20).

 

Sigal Mandelker is a general partner at Ribbit Capital. Prior to Ribbit, Ms. Mandelker served in a number of senior roles in the US government, including as undersecretary of treasury for terrorism and financial intelligence. She has held high-ranking positions in the US Departments of Justice and Homeland Security. She also clerked on the US Supreme Court.

 

Neha Narula is director of the Digital Currency Initiative at the MIT Media Lab. Dr. Narula leads research and development on central bank digital currency and securing decentralized cryptocurrencies. She received her PhD in computer science from MIT in 2015, where she published work on fast, scalable databases.

 

Raghuram Rajan is a senior fellow at the Hoover Institution, and the Katherine Dusak Miller Distinguished Service Professor of Finance in the Booth School of Business at the University of Chicago. Professor Rajan was the twenty-third governor of the Reserve Bank of India (2013–16) and vice chairman of the board of the Bank for International Settlements (2015–16).

 

Glenn Tiffert is a research fellow at the Hoover Institution. Dr. Tiffert is a historian of modern China and co-chairs the Hoover Institution’s project on China’s Global Sharp Power.

 

 

Larry Diamond is a senior fellow at the Hoover Institution; the Mosbacher Senior Fellow in Global Democracy at the Freeman Spogli Institute for International Studies (FSI); and a Bass University Fellow in Undergraduate Education at Stanford University. He co-chairs the Hoover Institution’s programs on China’s Global Sharp Power and on Taiwan in the Indo-Pacific Region.

 

Darrell Duffie is the Adams Distinguished Professor of Management and Professor of Finance at the Stanford Graduate School of Business. Dr. Duffie is a senior fellow, by courtesy, of the Hoover Institution, Stanford University; professor, by courtesy, at the Stanford Economics Department; a senior fellow of the Stanford Institute of Economic Policy Research; and a research associate of the National Bureau of Economic Research.

 

Condoleezza Rice is the Tad and Dianne Taube Director of the Hoover Institution and the Thomas and Barbara Stephenson Senior Fellow on Public Policy.  In addition, she is a founding partner of Rice, Hadley, Gates & Manuel LLC, an international strategic consulting firm.

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