How Will Regulators React to the Rise of Cryptocurrency with Barney Reynolds #6

FinTalk by VERMEG

Jun 14 2022 • 28 mins

Digital assets and cryptocurrency is a growing phenomenon, for which current regulatory standards aren’t yet fully tailored. So what risks should we be aware of with these assets?

We pick through NFTs, stablecoins and digital assets with Barney Reynolds, Partner at Shearman & Sterling LLP, breaking down the volatility we’re currently seeing, and how soon we might expect the Treasury and FCA to share their approach.

This episode of The VERMEG podcast covers:

  • How the UK’s regulators are likely to become thought leaders in handling and regulating digital assets
  • Whether the approach to cryptocurrency will be more akin to a currency or a financial investment
  • The transparency necessary to avoid crypto becoming the instigator of another 2008-style financial crisis
  • A potential timescale on which we’ll see regulators respond with an implementation timeline

VERMEG: https://www.linkedin.com/company/vermeg/

Jawad Akhtar: https://www.linkedin.com/in/jawad-akhtar-313562b/

Barney Reynolds: https://www.linkedin.com/in/barnabas-reynolds-financiallawyerlondon/

Shearman & Sterling LLP: https://www.linkedin.com/company/shearman-&-sterling-llp/