News

May 12, 2025 I am presenting “Information and Market Power in DeFi Intermediation” at the “Financial Intermediation in the 3rd Millennium” conference in Essex, UK.
May 02, 2025 New working papers posted.
Apr 20, 2025 New Staff Report “The Price of Processing: Information Frictions and Market Efficiency in DeFi”.
Apr 15, 2025 New blog on “The Origins of Market Power in DeFi” on Liberty Street Economics. Also check out the new version of the paper “Information and Market Power in DeFi Intermediation” in Staff Reports.
Apr 02, 2025 I am presenting and discussing papers at the 7th IMF Conference on Macrofinance. See my discussion on Risk-based Capital for Stable Value Tokens.
Mar 20, 2025 I am presenting and discussing papers at MFA 2025 in Chicago. See my discussions on AI-Labelled Portfolios and Decentralized Liquidity Pools.
Dec 12, 2024 I am presenting Information and Market Power in DeFi Intermediation at SFS-Cavalcade Asia.
Sep 27, 2024 I am co-organizing the Workshop on the Future Monetary System at the Bank of Canada.
Aug 09, 2024 I am presenting at the Yale Program for Financial Stability on Monitoring Clients’ Off-CCP Positions.
Jun 12, 2024 I am presenting on “Stablecoins, Cryptocurrencies and Cross-border Payments” at a panel on Emerging Risks in Payments at the New York Fed. Related research: Runs and Flights to Safety: Are Stablecoins the New Money Market Funds?