The Psaros Center for Financial Markets and Policy at Georgetown University’s McDonough School of Business provides vital thought leadership by conducting original research, widely sharing its findings, and teaching the next generation of finance and policy leaders.
Digital asset exchanges power the crypto economy, but regulatory clarity, especially for decentralized platforms, remains elusive. In this Decrypting Crypto explainer, Yaya J. Fanusie and David Lee explore CEX vs. DEX, how platforms like Binance and Uniswap operate, and the roles of FinCEN, SEC, and CFTC in shaping crypto policy and compliance.
Blockchain is a groundbreaking technology with the potential to transform how we store, verify, and transfer cryptocurrency data without relying on central intermediaries. Learn more about how it works, why it matters, and where it is headed.
This explainer examines the growing interaction between traditional finance and decentralized finance as one of the most important shifts happening as global finance evolves. Fanusie and Mistry cover how these systems operate, the tensions between them, and the risks associated with DeFi.
This explainer illustrates how enforcing AML and CFT regulations helps strengthen financial oversight in the crypto industry through KYC, transaction monitoring, and sanctions compliance. However, regulation alone isn’t enough.
Productivity in the G7 has broadly been slowing over the past 50 years. However, there has been notable variation between countries, especially post-pandemic. This analysis will examine the productivity landscape in the G7 economies, focusing on key factors influencing productivity growth, recent developments, and potential future trajectories.
Addressing the Challenges of Credit Reporting: Reducing Consumer Stress
This paper discusses the complexities of credit scores and reporting in the U.S., consumer awareness, and rising complaints about scoring inaccuracies. It explains the challenges of accurate reporting and advocates solutions to mitigate these challenges.
Open Banking: Lessons, Challenges, and Opportunities
In October 2024, the CFPB unveiled its Open Banking rule, reshaping how financial data is shared. But with new opportunities come key challenges. Read this paper to learn more about what this ruling means for consumers, banks, and fintechs.
Looking Back on the US Economy in 2024 and its Outlook for 2025
This paper reviews 2024’s economic status, highlighting stronger-than-expected growth and persistent inflation. It also explores risks for 2025, including shifting federal policies on tariffs and immigration, and the labor market's vulnerability amid evolving monetary dynamics.
Navigating 2025 Financial Regulatory Leadership: A Review of the SEC, CFTC, and Federal Reserve
This paper examines the possible shifts in some financial regulatory agency leadership in the transition to the next administration due to resignations and variations in terms
The innovation and uncertainty surrounding the growing prominence of artificial intelligence in the financial services industry is analyzed as major institutions integrate AI to improve operations while challenges such as data quality, privacy concerns, and regulatory compliance remain significant.