Digital Currencies and Crypto Assets in 2021- Impacts, Implications and Regulatory Responses

About this Episode

Digital Currencies and Crypto Assets in 2021: Impacts, Implications and Regulatory Responses

The first FNA Talk of the year focuses on one of the most prominent FinTech themes of 2021. Join Adam as he chats with with Moad Fahmi, Senior Advisor (Financial Technology) from the Bermuda Monetary Authority. Bermuda is one of the first jurisdictions with a regulatory framework designed specifically for digital asset businesses. We will be discussing the impacts and implications of digital currencies and crypto assets and highlight the new roles and responsibilities of central banks and financial authorities.

Index

00:00 - Introduction

01:24 - How is digital money changing the landscape of financial services including payments and settlements?

07:18 - What are the particularities of the digital assets regulation and sector in Bermuda?

12:14 - How do regulators and central banks need to change to be able to supervise and regulate the digital assets businesses?

18:20 - What are the key prerequisites for a successful regulation of digital currencies and digital assets on the cross-jurisdictional level?

23:46 - What are the potential implications of the digital money being issued by a variety of entities including the BigTechs?