Outreach & Policy

Policy Work

• When invoices go digital: How eInvoicing reshapes credit markets, with A. Casado, M. Giometti, J. Gutiérrez, D. Martínez-Miera, and A. Matyunina.
  SUERF Policy Brief No. 1555, September 2026. By invitation.
• The Crypto Cycle and Institutional Investors, with A. Copestake (IMF) and D. Furceri (IMF).
  IMF Working Paper No. 2023/163 and CEPR Discussion Paper No. 19810. Revise and resubmit at the Journal of International Money and Finance. Media coverage: The Economist, Bloomberg, Econbrowser, Central Banking, FinReg.
• Stabilizing Stablecoins: A Pragmatic Regulatory Approach, with L. Somoza.
  VoxEU.org, part of “The Future of Digital Money” (2019), and The Journal of FinTech 01, 2150001 (2021). Media coverage: Financial Times Alphaville, Cointelegraph, Il Sole 24 Ore.
• Written Evidence on Central Bank Digital Currencies, with M. Fraschini and L. Somoza.
  House of Lords Economic Affairs Committee inquiry (2021), part of the 3rd Report of Session 2021-22, “Central bank digital currencies: a solution in search of a problem?” By invitation.

Media & Op-Eds

Op-Eds (selected)

• Digitalization and Credit Markets: Evidence from eInvoicing · VoxEU.org, 24 Aug 2026, with A. Casado, M. Giometti, J. Gutiérrez, D. Martínez-Miera, and A. Matyunina
• The Growing Interconnection between Crypto, Global Markets and U.S. Monetary Policy · IESE Insight, 11 Oct 2024
• The Crypto Cycle and US Monetary Policy · Duke FinReg Blog, 23 Oct 2023, with N. Che, A. Copestake, and D. Furceri
• The Crypto Cycle and US Monetary Policy · Econbrowser, 20 Aug 2023, with N. Che, A. Copestake, and D. Furceri
• CBDCs must be coupled with greater accountability · Financial Times Alphaville, 2 Jul 2021, with M. Fraschini and L. Somoza
• The likely impact of central bank digital currencies on quantitative easing · LSE Business Review, 27 Apr 2021, with M. Fraschini and L. Somoza
• Central bank digital currency: The devil is in the details · LSE Business Review, 25 May 2020, with L. Somoza
• Central bank digital currency and payment data · Oxford Business Law Blog, 4 Mar 2020, with L. Somoza

Mentions and interviews (selected)

• Can crypto investments be safe and liquid? · IESE Insight, 31 Jul 2026
• 2026 Best 40-Under-40 Business Professors: Tammaro Terracciano, IESE Business School · Poets&Quants, 17 May 2026
• Bitcoin is up by 138% this year. It is a nonsense-free rally · The Economist, 12 Dec 2024
• Argentina’s Inflation Nightmare, by Ben Holland · Bloomberg, 8 Aug 2023
• Macrofinancial Implications of Crypto Assets · G20 Note, February 2023
• Bitcoin sulle montagne russe, la scommessa è su cripto ETF, by Vittorio Carlini · Il Sole 24 Ore, 1 Sep 2023. Print edition.
• Fed rate hikes propel ‘crypto cycle’ – IMF paper, by Joasia E. Popowicz · Central Banking, 7 Aug 2023
• WisdomTree grows a stablecoin today to nurture a crypto ETF tomorrow, by A. Singer · Cointelegraph, 18 Jan 2020
• Treating stablecoins like ETFs, by I. Kaminska · Financial Times Alphaville, 9 Dec 2019

Other Articles in Italian

• Dal futuro delle banche alla nostra privacy, c’è bisogno di un euro digitale? · Debate on the Digital Euro, Econopoly – Il Sole 24 Ore, 5 Nov 2020, with L. Somoza link
• Davvero il dollaro è al tramonto come valuta di riserva mondiale? · Econopoly – Il Sole 24 Ore, 19 Aug 2020 link
• Alcuni legittimi dubbi sul bisogno di una moneta digitale pubblica · Econopoly – Il Sole 24 Ore, 13 Jul 2020, with L. Somoza pdf link
• Nasce la moneta digitale · LaVoce.info, 7 Jul 2020, with L. Somoza pdf link
• Ci aspetta un’altra crisi finanziaria? Ecco una possibile lettura · Econopoly – Il Sole 24 Ore, 26 Jun 2020 pdf link
• Europa, se non ora, quando? · Econopoly – Il Sole 24 Ore, 30 Mar 2020 pdf link
• L’ascesa del Fintech in Asia e quanto fanno gola i (nostri) dati ai governi · 24Plus and Econopoly, Il Sole 24 Ore, 3 Jan 2020, with L. Somoza
• Libra vista da dentro: pro e contro al di là del marketing · 24Plus and Econopoly – Il Sole 24 Ore, 18 Oct 2019, with L. Somoza pdf link 24Plus
• È giusto cambiare le regole economiche europee? · Econopoly – Il Sole 24 Ore, 7 Aug 2019 pdf link
• Riusciranno i sovranisti a cambiare le regole economiche europee? · Econopoly – Il Sole 24 Ore, 7 Jun 2019, with N. Fraccaroli pdf link
• La genesi dell’italiano medio (c’entrano la televisione spazzatura e le elezioni) · Econopoly – Il Sole 24 Ore, 22 Apr 2019 pdf link
• Finanza e politica, quanto pesano le agenzie di rating nelle urne? · Econopoly – Il Sole 24 Ore, 14 Mar 2019 pdf link
• Caso Carige e conflitto di interessi BCE: un approccio sistemico · Econopoly – Il Sole 24 Ore, 17 Feb 2019 pdf link
• Come prepararci alla prossima crisi finanziaria? Gli Esb, per esempio… · Econopoly – Il Sole 24 Ore, 3 Jan 2019 pdf link
• Esiste un volto buono del populismo? · Econopoly – Il Sole 24 Ore, 20 Nov 2018 pdf link