Day For Crypto Conference Taking Place in Denver

Denver Day For Crypto, which is held on March 10, strives to provide an approachable entry point into the world of cryptocurrency
09 March 2018   1129

Denver Day For Cryptoconference will be held on March 10, connecting the attendees with expert speakers, industry leaders, and other blockchain enthusiasts.

Those who attend the event will discover how to safely buy, store, and sell a variety of cryptocurrencies, taking a deep-dive into the future of digital currency and the underlying technology of blockchain that is poised to disrupt both public and private sectors.

Day for Crypto Conference denverDay For Crypto Conference

Location: The Westin Denver Downtown, 1672 Lawrence Street, Denver, CO, United States
Date and time: March 10, 2018, 8AM - 7PM

The attendees will be able to learn how blockchain technology can impact businesses and nonprofit organizations, understand the changing landscape of crypto taxes, and connect with industry leaders - all in a friendly and accessible format geared towards practical tools and education.

The headline speakers include Peter Vessenes (Managing Director at New Alchemy), Erik Voorhees (CEO & Founder at Shapeshift), Charlie Shrem (Founder at CryptoIQ), Grace Torrellas (Founder at Giveth), Trevor Koverko (CEO at Polymath), and many more.

Experts Ask China Don't be in Rush For Own Crypto

Ex deputy chairman of the Bank of China said the CB should take part in the development of international regulation of crypto assets firstly
27 January 2020   125

China should strengthen cooperation with other countries to regulate the cryptocurrency industry, and not accelerate the development of its own digital currency, experts say. It is reported by the South China Morning Post.

So, the former deputy chairman of the People’s Bank of China, Zhu Min, noted that the central bank, which is developing a digital yuan in many ways as Facebook’s Libra response, should first of all take part in the development of international regulation of such assets.

Ba Shusong, chief China economist for the Hong Kong stock exchange, also believes that monitoring digital currencies requires a system that is controlled from different angles, as they have the potential to change the global financial system.

You would need to first improve the regulatory framework for [financial] technology. There is a need for global cooperation for an alternative regulatory framework.

 

Ba Shusong

Chief China economist for the Hong Kong stock exchange

 

Many fear that the popularity of Libra could strengthen the dominant role of the US dollar. At the same time, Deutsche Bank analysts believe that the digital yuan will undermine the primacy of the dollar in the global financial market.

Hiromi Yamaoka, the ex-head of the Bank of Japan supervisor of payment and settlement systems, also emphasized that the upcoming launch of Libra has caused competition among central banks seeking to make their currencies and services more attractive.

Something like Libra would make transactions costs much cheaper. Major central banks need to appeal that they, too, are making efforts to make settlement more efficient with better use of digital technology.

 

Hiromi Yamaoka

Former head of the Bank of Japan’s (BOJ) division overseeing payment and settlement systems