On 12th July our community came together for the launch of FTT DeFi, the one-day show where we explored key opportunities and challenges in decentralised finance, digital assets and Web3.
During the day, Eddie Robb, Commercial Director at Zumo Enterprise sat down with Adriana Ennab, Director of Public Policy at Credit Suisse. The two discussed the importance of regulation for wider crypto adoption, innovation and what to expect in the future.
Adriana cites interesting examples of different stances on crypto regulation, such as in Switzerland. She emphasises that it is also necessary to build a framework around the initial, central one, for anything that falls outside of that regulatory perimeter. It’s unlikely that institutions will get very involved until a regulatory framework like this is in place, but this is something that the UK government has been working on and Adriana was optimistic.
She also discusses how important it is it for there to be a level of global harmonization in regulation. For scalability, we will need to ensure that customers and banks are both safe for financial stability issues and to ensure that money is traceable and transparent – regulation will help to move towards this goal.
You can listen to the full interview now to hear more about what Adriana enjoyed most about FTT DeFi, how we can dive deeper into crypto, and the importance of diversity in the industry.