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Policymakers should encourage financial innovation by using regulatory processes and approaches that promote flexible oversight, including stakeholder engagement, coordination, experimentation, alternative supervision, and regtech. → Read More
Growing animus toward “Big Tech” companies and generalized opposition to technological innovation engenders support for policies that are expressly designed to inhibit it. That is deeply problematic for future progress, prosperity, and competitiveness. → Read More
A national framework for digital economy rules would ensure the same protections for all U.S. residents, minimize transaction costs for businesses, enable opportunities to innovate, and increase efficiency in the policymaking process. → Read More
While there is a lot of misinformation circling about the Libra system, the goals of an open, general-purpose financial system are admirable. Policymakers should support these systems, whether they are facilitated by tech companies like Facebook, cryptocurrency businesses, banks, or any other organization. → Read More
Policymakers can and should do more to support blockchain innovation and adoption, such as ensuring regulations are targeted and flexible, so as to encourage blockchain experimentation. → Read More
Gov. Gavin Newsom plans to propose a “data dividend.” But adults, not government, should be able to decide which data they provide and which free services they use. → Read More
If countries do not show proper restraint, they can easily sabotage the global Internet by imposing unreasonable obligations on companies and setting up scenarios where companies are forced into a no-win situation of having to comply with conflicting laws. → Read More
Congress should repeal and replace existing federal privacy laws with a common set of protections. We need comprehensive data privacy legislation that preempts state laws, improves transparency requirements, strengthens enforcement, and establishes a clear set of data privacy rights for Americans based on the sensitivity of the data and the context in which it is collected. → Read More
With Europe passing the General Data Protection Regulation (GDPR) a significant piece of data protection legislation with global implications and now California implementing a new privacy... → Read More
Congress has taken proactive steps for both drones and supersonic flight with the FAA Reauthorization Act, enabling these U.S. industries to remain competitive and aerospace innovation to proceed apace writes Alan McQuinn in Innovation Files. → Read More
Conventional wisdom in policy circles is that strong data protections will increase trust in digital services, which will lead to more people using those services. Andrus Ansip, the Vice President… → Read More
The lesson for EU policymakers is clear: do not get seduced by the idea that stringent privacy regulation is a shortcut for digital growth. Enacting even stricter data protection rules, such as the pending ePrivacy Regulation, will come with costs that will hurt not only the EU digital ecosystem but also EU digital consumers. → Read More
The US could send a clear signal that responsible countries can support both cross-border law enforcement and the critical role data plays in today’s economy. → Read More
The US could send a clear signal that responsible countries can support both cross-border law enforcement and the critical role data plays in today’s economy. → Read More
Americans have made their opinion clear: their privacy concerns are decreasing even without additional privacy laws. The question remains: will policymakers listen? → Read More
U.S. policymakers should continue down this path to create more permissive and updated rules for SSTs. Only by allowing the technology to achieve lift-off will policymakers be able to spur investment in supersonic technology and improve its efficiency and effectiveness writes David M. Hart in Innovation Files. → Read More
The conventional wisdom in policy circles is that the best way to grow the digital economy is by increasing consumer trust. Privacy regulations, we are told, will boost trust and more trust will lead to more technology adoption — more apps downloaded, more time spent online, more e-commerce. For regulation-inclined lawmakers, this scenario is a win-win: They can regulate online companies as they… → Read More
Data protection regulations are often falsely described as means to increase consumer trust, and therefore technology adoption and use. Policymakers should be wary of those making this claim without evidence. → Read More
TechCrunch is a leading technology media property, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news. → Read More
As “connected cars” become increasingly linked to people’s digital identities, there is a risk that police will use this exception to conduct digital.. → Read More