Consensus Festival Guide_ The Future of Crypto Regulation

Consensus Festival Guide_ The Future of Crypto Regulation

Highlights from the program of the upcoming festival in Austin (June 9-12).

The collapse of an algorithmic stablecoin has dominated the headlines in recent weeks and will continue to be a key issue for regulators. Current and former regulators, as well as policy and legal experts, will discuss the various regulatory approaches and how regulation can support financial innovation.

The Commodity Futures Trading Commission - a key U.S. regulator overseeing crypto derivatives markets - will open the conference on Thursday, June 9, at 10:05 a.m. CT, with Chairman Rostin Behnam and former Commissioner Dawn Stump explaining their agency's approach to the sector.

Advocates of different approaches to central bank digital currencies will take the stage at the Fairmont Hotel to try to answer the question, "Who should be allowed to issue digital dollars?" Speaking will be Dante Disparte, chief strategy officer at stablecoin issuer Circle; Rohan Grey, an academic who advised on the ECASH Act; and Caitlin Long, founder and CEO of Custodia Bank in Wyoming.

On Friday, June 10, at 10:45 a.m. CT on the main stage at the Austin Convention Center, we will host a Q&A with Deputy Secretary of the Treasury Adewale Adeyemo. The Treasury Department has been actively engaged with cryptocurrencies over the past 18 months, addressing issues such as ransomware payments and stablecoin regulation.

The "Regulatory" Exploration, which will take place on Friday, June 10 at 1:00 p.m. CT in ACC Ballroom A, will feature three panels with representatives from the Federal Reserve Bank of Richmond, industry associations and law firms addressing cryptocurrency issues. Panelists will discuss finding a regulatory sweet spot to support novel projects while reducing the risk of another project dramatically collapsing to the detriment of investors.

On the same day, at 2:30 p.m. CT, we will host several lawmakers on our main stage to discuss crypto legislation, the likelihood of any particular legislation passing, and what issues Congress considers most important in the cryptocurrency sector.

We will continue the discussion on crypto policy and limits on Saturday at 4:05 p.m. CT at the Convention Center, with White House Director of Cybersecurity Carole House, Prime Minister of the Bahamas Philip Davis, Chief FinTech Officer of the Monetary Authority of Singapore Sopnendu Mohanty, and Vice President of the European Parliament Eva Kaili.