Why cryptocurrencies and stablecoins face increased regulatory scrutiny
Monday 18 October 2021 – Vol.12 Ed.42.1
Commentary: Regulators need to respond to extraordinary digital finance innovation
By Charles Kerrigan in London
Despite obvious uncertainty, clear themes are developing in the regulation of crypto and digital assets. Crypto isn’t specifically regulated, however, with regulators at pains to say that financial regulation is ‘technology neutral’. But this is bigger than crypto and fintech. There is a clear trend to financialise daily life. There are big social policy questions which we can’t just hand off to financial markets regulators.
Read the full commentary on the website.
Meeting: Stablecoins and their role in the financial system
Wednesday 20 October, 14:00-15:00 BST
As regulators around the world pay closer attention than ever to stablecoins and call for increased regulation, the taxonomy of different stablecoins and their respective benefits and risks remain undetermined. Christian Catalini, chief economist, Diem Association, and Jai Massari, partner, Davis Polk & Wardwell, outline the role of different stablecoins in the financial system and discuss how regulators and central banks can respond
Register to attend here
