Singapore, 15 Nov. – Blockshow Asia 2019 has continued its second day of blockchain conference. Today’s conference at Stage 2 was focused more on regulations and how the blockchain industry can better harness marketing and PR solutions better. Meanwhile, Stage 1 has highlighted on the investment and crypto finance.
The conference at Stage 2 started with the first speaker, Pieter Franken, Director at APIX that shared about APIX platform and its function. APIX is a platform of the ASEAN Financial Innovation Network (AFIN) that enables financial institutions to launch new products and services, thereby expanding access to finance for the underbanked population thus driving greater financial inclusion. He encouraged participants to become an APIX member and join their ecosystem of FinTechs and Financial Institutions by signing up at http://www.apixplatform.com/.
Next in line was a panel discussion on how Financial Ask Task Force (FATF) affects the industry today and the future. The panellists involved were Artem Koltsov, Head of Expert Council on Digital Economics and Blockchain Technologies; Dimitrij Gede, VP Business Development, EU markets at iComply Investor Services; Christine Gschwend, Head of AML & VASP Task at Crypto Valley; and the moderator, Anson Zeall, Chairman of ACCESS. In the discussion, Dimitrij said that “regulations are the key. It is supposed to protect consumers and doesn’t matter if it’s traditional banking or blockchain system”.
The conference then featured the keynote speaker Michael Ou, Founder & CEO at CoolBitx where he made recommendations to the FATF’s recent AML frameworks for virtual currencies. Followed by a panel discussion on the regulatory journey towards compliance moderated by Nikola Pavesic, Head of Partnerships at Nikkei, the panellist involved were Yo Nakagawa, Executive Director at Monex Group; Tianwei Liu, CEO & Co-Founder at Xfers; and George Zarya, CEO at BEQUANT. They have shared different perspectives in terms of jurisdictions that implied in the respective countries. In Singapore, regulators are very cautious in terms of regulatory approval, especially cryptocurrencies because it might send the wrong signal to the market, as mentioned by Tianwei Liu. Meanwhile, in Japan, the regulators are forced into regulating cryptocurrencies due to its rapid adoption and to curb cybercrimes.
The event continued after a one-hour lunch break with the topic on how blockchain industry can better harness marketing and PR solutions better, particularly in dealing with the bigger world out there, as well as the presence and acceptance of cryptocurrencies and blockchain technology in mainstream media. The conference at Stage 2, Day 2 was wrapped up with Crypto Busters Show, where the selected startups will pitch their projects to the jury board of the leading international funds to get all the attention and support or go home working on mistakes. Here’s Blockshow Insight for Day 2.
The 2-days Blockshow Asia 2019 is a sign for new development in the crypto sphere and the emergence of blockchain technology globally. The conference has ended 2019 with more room for those technologies to develop and be part of the mainstream community and we are definitely looking forward to what Blockshow has to offer in the next coming years.
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A keen researcher who believes in enriching her knowledge. For Shuhada, the crypto world intrigues her sense and offers plenty of high delicious 'crypto cuisines'.