Crypto assets and associated products and services have grown rapidly in recent years. Furthermore, interlinkages with the regulated financial system are rising. Policymakers struggle to monitor risks from this evolving sector, in which many activities are unregulated. In fact, we think these financial stability risks could soon become systemic in …

Presidents Joseph Biden of the United States and Vladimir Putin of Russia have agreed, in their December 7 video-dialogue (see EDM, December 8), to create working groups that would address Russia’s concerns regarding Ukraine’s place in the European security order. Those concerns directly relate to Ukraine’s choice of a Western …

Once again, Bosnia’s Bosnjak leadership is attempting to create the multicultural, civic, unified state Washington has promised and failed to enable. It is worth remembering that “Bosnjak,” an Ottoman-era term dusted off in the 1990s, originally was meant to be the civic signifier of every citizen in the country, not …