Regulations and infrastructure hold back, but ETFs & collaboration could unlock a trillion-dollar future.
Muddy waters of regulation and a lack of bridges, but ETFs & teamwork might pave the golden path.
The burgeoning world of cryptocurrency beckons with immense potential for the financial giants, yet the path to their embrace remains riddled with obstacles. A recent panel discussion at the Finance Magnates London Summit (FMLS:23), moderated by Madeleine Boys, Head of Community at GBBC Digital Finance, delved into this intricate tapestry, unraveling the challenges and opportunities lurking on the horizon for established players.
Navigating the Regulatory Labyrinth
One of the most formidable roadblocks hindering institutional crypto adoption is in the labyrinthine realm of regulations. "The lack of regulatory clarity is definitely a pain point," asserted Laurence Willows, the Head of Business Development for Digital Assets at IG (tastycrypto). "Institutions need assurance, not just on what they can do, but also what they can't." This absence of clear-cut guidelines breeds hesitation, often leaving risk-averse institutions wary of venturing into the crypto unknown.
Beyond the regulatory morass lies the chasm of inadequate infrastructure. "We're making headway," but the lack of robust exchanges and custodians tailored for large investors remains a significant hurdle," conceded Shannon Kurtas, the Senior Director of Product Management at Kraken. "
As Ian McAfee, the CEO at Shift Markets, stated: "Imagine walking into Goldman Sachs and saying, 'I want to buy $100 million worth of Bitcoin.' The current infrastructure simply isn't equipped for such large-scale maneuvers."
Despite these challenges, the panel painted a surprisingly optimistic picture of the future. Chen Arad, the Chief Operating Officer at Solidus Labs, envisioned a future where "crypto will be a cornerstone of a multi-trillion dollar market. The interest in institutional adoption is palpable."
This positive outlook resonated with Aditya Turakhia, the Senior Director of Institutional Markets at Ripple, who boldly predicted: "I wouldn't be surprised if we saw multiple Bitcoin and Ethereum ETFs approved within the next year."
The potential green light for ETFs, as McAfee highlighted, could be a "game-changer," paving the way for an influx of institutional capital. "These ETFs are the on-ramp we've been waiting for," remarked Kurtas, emphasizing their power to bridge the gap between traditional and crypto markets.
A Collaborative Path Forward
The discussion served as a stark reminder that overcoming these challenges demands a collaborative spirit. As McAfee pointed out: "It's not just about regulations; it's about the industry building the right bridges and infrastructure." Continued collaboration between regulators, financial institutions, and crypto companies is paramount to establishing best practices and building robust infrastructure that facilitates seamless institutional adoption.
"The future of finance is knocking," declared Arad, emphasizing the urgency of action. "Institutions that embrace this revolution and adapt to the changing landscape stand to reap immense rewards." The question is no longer if, but when and how major financial players will integrate crypto into their portfolios, shaping the trajectory of a new era in finance.
The burgeoning world of cryptocurrency beckons with immense potential for the financial giants, yet the path to their embrace remains riddled with obstacles. A recent panel discussion at the Finance Magnates London Summit (FMLS:23), moderated by Madeleine Boys, Head of Community at GBBC Digital Finance, delved into this intricate tapestry, unraveling the challenges and opportunities lurking on the horizon for established players.
Navigating the Regulatory Labyrinth
One of the most formidable roadblocks hindering institutional crypto adoption is in the labyrinthine realm of regulations. "The lack of regulatory clarity is definitely a pain point," asserted Laurence Willows, the Head of Business Development for Digital Assets at IG (tastycrypto). "Institutions need assurance, not just on what they can do, but also what they can't." This absence of clear-cut guidelines breeds hesitation, often leaving risk-averse institutions wary of venturing into the crypto unknown.
Beyond the regulatory morass lies the chasm of inadequate infrastructure. "We're making headway," but the lack of robust exchanges and custodians tailored for large investors remains a significant hurdle," conceded Shannon Kurtas, the Senior Director of Product Management at Kraken. "
As Ian McAfee, the CEO at Shift Markets, stated: "Imagine walking into Goldman Sachs and saying, 'I want to buy $100 million worth of Bitcoin.' The current infrastructure simply isn't equipped for such large-scale maneuvers."
Despite these challenges, the panel painted a surprisingly optimistic picture of the future. Chen Arad, the Chief Operating Officer at Solidus Labs, envisioned a future where "crypto will be a cornerstone of a multi-trillion dollar market. The interest in institutional adoption is palpable."
This positive outlook resonated with Aditya Turakhia, the Senior Director of Institutional Markets at Ripple, who boldly predicted: "I wouldn't be surprised if we saw multiple Bitcoin and Ethereum ETFs approved within the next year."
The potential green light for ETFs, as McAfee highlighted, could be a "game-changer," paving the way for an influx of institutional capital. "These ETFs are the on-ramp we've been waiting for," remarked Kurtas, emphasizing their power to bridge the gap between traditional and crypto markets.
A Collaborative Path Forward
The discussion served as a stark reminder that overcoming these challenges demands a collaborative spirit. As McAfee pointed out: "It's not just about regulations; it's about the industry building the right bridges and infrastructure." Continued collaboration between regulators, financial institutions, and crypto companies is paramount to establishing best practices and building robust infrastructure that facilitates seamless institutional adoption.
"The future of finance is knocking," declared Arad, emphasizing the urgency of action. "Institutions that embrace this revolution and adapt to the changing landscape stand to reap immense rewards." The question is no longer if, but when and how major financial players will integrate crypto into their portfolios, shaping the trajectory of a new era in finance.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24