After almost a decade of the foundation of Bitcoin and constantly increasing cryptocurrency trading between early adopters and investors, it is time for cryptocurrencies to go mainstream and be implemented in the commercial financial services. The path for this day is continuously getting built as Blockchain technology is getting more and more developed and implemented in financial activities, and cryptocurrencies are getting legalized and invested in, in an increasing amount of nations Worldwide.
Just this month, at the G20 Summit, the world’s 20 biggest economies agreed to introduce regulations on crypto assets (cryptocurrencies) to counter money laundering and financial terrorism. US, UK, EU, India and China agreed that international standards on crypto assets are crucial to support their sustainable growth. This agreement will encourage even more financial institutions to implement and invest in cryptocurrencies and blockchain technology.
Parallel to these events, however, the price of Bitcoin and other cryptocurrencies dropped significantly. And although for some investors this situation brings concerns, for others it brings an opportunity to invest in (buy) cryptocurrencies and benefit as their price goes up again. There is no reason to think otherwise, as cryptocurrencies have high price volatility and their price can change at any time. This however, is another reason to organize the forum now, because the volatility must stabilize and leaders need to discuss how this can happen.
The „Cryptocurrency Implementation in the Financial Sector“ will bring together Traditional Finance companies and Crypto and Blockchain (Tech) companies to discuss the challenges, developments and implementation of cryptocurrencies in the commercial financial activities. Attending to the forum is a good opportunity to hear the challenges and developments from both sides, but also to network with senior-level representatives from major companies involved in the industry and have an opportunity for future cooperation.