Global and Local Regulation: Challenges in Web3 | European Blockchain Convention 9

Wed, Oct 2, 2024, 12:00 AM

In this insightful panel discussion on cryptocurrency regulation, a diverse group of experts explore the evolution of regulations, emphasizing recent developments like the European regulatory framework. The conversation underscores the industry's need for regulations, touching on taxation and the implementation of the travel rule, particularly its impact on user KYC processes.Joshua provides a detailed overview of the changing regulatory landscape in the US, highlighting the industry's increasing influence on legal discussions and the unexpected outcomes of cases like SEC VS Ripple. The panel also delves into the complexities of cryptocurrency regulation, addressing enforcement trends, challenges in decentralized finance (DeFi), tax obligations, and national security concerns. It stresses the importance of educating regulators and courts about the intricate nuances of blockchain technology, advocating for legislative clarity. International perspectives are examined, with a focus on regulatory shedding light on privacy concerns and efforts to educate regulators through dialogues. In Europe, ongoing conversations with regulators are deemed crucial, especially in addressing emerging challenges related to DeFi, DAOs, and NFTs. The positive societal impact of blockchain, particularly in financial inclusion and ESG use cases, is recognized. The panel concludes with reflections on future regulatory challenges, emphasizing the need for collaboration and adaptation in this dynamic industry. --------- Speakers: Anja Blaj | EUCI (moderator) Joshua Ashley Klayman | Linklaters Juan Jiménez Zaballos | Alastria Elsa Madrolle | VerifyVASP Giovanni Cunti | Gate.MT --------- The European Blockchain Convention is the most influential blockchain event in Europe. Follow us to find out more 👇 Linkedin: https://www.linkedin.com/company/european-blockchain-convention/ Twitter: https://twitter.com/EBlockchainCon Instagram: https://www.instagram.com/eblockchainconvention/