Banking
The mBridge to Somewhere: Central Banking Is Having Its Sputnik Moment
The announcement of the mBridge pilot project should serve as a wake-up call to U.S. policymakers seeking to preserve U.S. influence in the global financial system.
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The announcement of the mBridge pilot project should serve as a wake-up call to U.S. policymakers seeking to preserve U.S. influence in the global financial system.
The Commerce Department’s Oct. 7 export controls aim to restrict China’s access to advanced semiconductors, supercomputers, and semiconductor manufacturing equipment to prevent the Chinese government from using these items for weapons of mass destruction, military modernization, and surveillance.
There have been no major regulatory actions against companies for violating the expanded Huawei FDPR despite evidence of numerous violations.
The Commerce Department should restructure the ICTS rules to adopt a sanctions framework by creating a new list of entities that would be prohibited from selling ICTS into the U.S. market.
President Biden has revoked the sanctions President Trump famously imposed on TikTok and WeChat. But they may return, and TikTok still has a CFIUS problem.
On Feb. 24, President Biden signed an executive order titled “America’s Supply Chains,” outlining a process for the United States to identify and mitigate the risks and challenges it faces in a series of critical supply chains, including that of information and communications technology (ICT).
The Trump administration has recently taken a series of actions aimed at addressing vulnerabilities in supply chains for critical minerals—materials that are scarce and yet crucial for economic and national security.
Xi and Trump Agree to Restart Trade Talks, With Slight Reprieve for Huawei in Sight