Rising Tide:
Challenges and Opportunities for Regulated Decentralized Finance

Presented By:

Decentralized finance isn't coming, it's already here.

What's next?


Crypto and decentralized finance (DeFi) introduce a plethora of opportunities to transform financial services, making them more accessible, transparent and efficient. At the same time, they also introduce a new world of risks and uncertainties, which regulators, financial institutions and investors worldwide are just beginning to grapple with.

As blockchain-based finance continues to tap value locked within legacy infrastructures and decades-old business practices, the crypto and DeFi space will need to continually find ways to bridge finance and finance 2.0.

Please join Securrency, Solidus Labs, CryptoCompare, Global Digital Currency Association and hundreds of industry leaders and regulators for a series of thought-provoking discussions covering the tremendous potential and possible pitfalls from modernizing our financial services ecosystem.

Keynote Speakers

Commissioner
Dan M.Berkovitz
United States Commodity futures Trading commission

Commissioner Berkovitz is a leading voice on the regulatory challenges to crypto and DeFi markets and a legal expert on swaps and derivative markets. He will join DACOM for a fireside chat.


Michele korver
Chief Digital Currency Advisor,
Dept of the Treasury - FinCEN

Michele Korver was recently appointed as FinCEN's first Chief Digital Currency Advisor, to lead the agency's effort in enabling the digital asset industry, while mitigating its new risks. Having led digital currency thinking at the U.S. Department of Justice Criminal Division, she's a foremost expert on the dynamics of crypto and DeFi regulation. She will join DACOM for a firside chat.


Sam Bankman-Fried
Founder and CEO, FTX and Alameda Research

As the founder of one of the world's largest crypto exchanges, Bankman-Fried is a renowned entrepreneur and leading expert on the potential of digital asset and DeFi products to transform financial services. He will join DACOM for a fireside Q&A.






Joe lubin
Founder, ConsenSys
Co-founder, Ethereum

The New York Times described Mr. Lubin as Ethereum's "key strategist," and Consensys, the company he founded to advance Etherum's ecosystem, as "the entity that would bring Vitalik Buterin's vision into fruition." As one of Blockchain and DeFi's earliest thought leaders, he is on the forefront of the forefront of enabling it's integration into traditional finance, and beyond.

Commissioner Dan M. Berkovitz

United States Commodity Futures Trading Commission

"A system without intermediaries is a Hobbesian marketplace with each person looking out for themselves. Caveat emptor—“let the buyer beware.”Not only do I think that unlicensed DeFi markets for derivative instruments are a bad idea, I also do not see how they are legal under the Commodity Exchange Act."

                                  - FIA Asset Management Derivatives Forum, June 2021

Commissioner Berkovitz is a leading voice on the regulatory challenges - and opportunities - facing the crypto and DeFi industry, and a leading legal expert on futures and derivative markets. He will join DACOM for a fireside Q&A.

Michele Korver

Chief Digital Currency Advisor,
Department of the Treasury - FinCEN

“Michele brings a wealth of digital currency expertise, and will be a tremendous leader in coordinated efforts to maximize FinCEN’s contribution to the innovative potential for financial expansion of opportunity while minimizing illicit finance risk.”

                                          - FinCEN Director Michael Mosier, July 2021

Michele Korver was recently appointed as FinCEN's first Chief Digital Currency Advisor, to lead the agency's effort in enabling the digital asset industry, while mitigating its new risks. Having led digital currency thinking at the U.S. Department of Justice Criminal Division, she's a foremost expert on the dynamics of crypto and DeFi regulation. She will join DACOM for a firside chat.

Sam Bankman-Fried

Founder and CEO, FTX and Alameda Research

“I don’t think that everything is gonna move to DeFi, but I do think that there’s a world in which 10% of it does, I also don’t think it’s automatic that it’s going to happen… Decentralized systems are only going to take off if they’re really good products,"
                                                                                            - Axios, April 2021

As the founder of one of the world's largest crypto exchanges, Bankman-Fried is a renowned entrepreneur and leading expert on the potential of digital asset and DeFi products to transform financial services. He will join DACOM for a fireside Q&A.

Joe Lubin

Founder, ConsenSys
Co-founder, Ethereum

“There will be a public discussion in [the U.S.] and others and then it’ll go well. It’s just such a slam dunk how valuable this technology is. So I look forward to whether it’s me or others, to us all having the opportunity to help regulators and politicians understand why we’re on the same team.”

                                                               - Forkast News, December 2020

The New York Times described Mr. Lubin as Ethereum's "key strategist," and Consensys, the company he founded to advance Etherum's ecosystem, as "the entity that would bring Vitalik Buterin's vision into fruition." As one of Blockchain and DeFi's earliest thought leaders, he is on the forefront of the forefront of enabling it's integration into traditional finance, and beyond.

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Speakers

Stani Kulechov
Founder & CEO,
Aave
Jonathan Steinberg
Founder & Chief Executive Officer, WisdomTree Investments
Noelle Acheson
Head of market insights, Genesis
Lex Sokolin
Global Fintech Co-Head, ConsenSys
Asaf Meir
Founder & CEO, Solidus Labs
Alissa Ostrove
Chief of Staff,
CryptoCompare
Jackson Mueller
Director, Policy & Government Relations, Securrency
Ian Taylor
Executive director, Crypto UK
Nadine Chakar
EVP Digital and Global markets, State Street
Ryan Breen
CEO, Alkemi
Camila Russo
Founder, Defiant Media
Mandeep Walia
Chief Risk & Compliance Officer, Circle
Jeremy Musighi
Head of Growth, Balancer
KAtherine Hou
Senior Financial Intelligence Investigator, TRM Labs
Dave Jevans
CEO, Ciphertrace
Chen Arad
Co-Founder & COO,
Solidus labs
Haohan Xu
Founder & CEO, Apifiny
Pete Elkins
Head of Trade Surveillance and Market Health, Coinbase
Lisa Nestor
Sr. Director, Ecosystem,
Stellar
David Newns
Global Head of Execution Services, State Street
Dan Doney
Founder & CEO, Securrency
James Harris
Commercial Director, CryptoCompare
Mriganka Pattnaik
Co-Founder and CEO,
Merkle Science
David Carman
Co-Founder, Global Digital Asset & Cryptocurrency Association

Agenda

July 19

Decentralized finance has surged over the past year, with decentralized exchange(DEX) volume and total value locked in DeFi services spiking 76-times and 64-times from the first quarter of 2020. Total value locked into DeFi, overall, has surpassed $100 billion. A drop in the bucket compared to traditional markets, but the DeFi market, alone, grew 2,000% in just the last year. Like traditional markets, the DeFi market also experienced a recent, and  significant, correction in May.

Despite this, new entrants and upstarts continue to enter this space pushing the boundaries of DeFi and posing competitive challenges to the prior ‘upstarts’ of the DeFi space. Where is this market headed? Apart from Ethereum, what does the arrival of emerging protocols and new products and services mean for this space?

Add To Calendar

12:00-12:30 PM EST

Keynote Speaker

Sam Bankman-Fried: CeFi to DeFi or DeFi to CeFi?

“I don’t think that everything is gonna move to DeFi, but I do think that there’s a world in which 10% of it does, I also don’t think it’s automatic that it’s going to happen… Decentralized systems are only going to take off if they’re really good products,"
                                                                                     - Axios, April 2021

As the founder of one of the world's largest crypto exchanges, Bankman-Fried is a renowned entrepreneur and leading expert on the potential and of digital assets and DeFi to transform financial services.

He will join DACOM for a fireside chat hosted by Solidus Labs CEO, Asaf Meir.

12:30 PM EST

Panel

DeFi in 2021: Where We Are, and What’s Next?

In this panel, participants will discuss the future of decentralized finance, where the industry is headed, and what this all means for the future of finance.

Moderator:

  • Camila Russo, Founder, Defiant Media

Speakers:

  • Stani Kulechov, Founder & CEO, Aave
  • Lex Sokolin, Global Fintech Co-Head, ConsenSys
  • Jeremy Musighi, Head of Growth,  Balancer Labs
  • Ryan Breen, Founder & CEO, Alkemi

July 20

Institutional adoption of digital assets continues apace with financial institutions exploring the advantages that decentralized finance (DeFi) can bring to heavily centralized, bureaucratic structures and processes that characterize traditional finance. At the same time, DeFi applications and networks are increasingly looking beyond cryptoassets toward regulated traditional assets and services with significant industry, policy, and regulatory ramifications. 

Are the paths being taken by legacy financial institutions and DeFi players converging or diverging in the quest to evolve our capital markets ecosystem? Who’s following who and what are the early lessons learned?

Add To Calendar

12:00-1:00 PM EST

Panel

Follow the Digital Brick Road:
DeFi Regulation and Institutionalization

In this panel, participants will discuss how they are reacting to a changing financial services ecosystem and the approach(es) they’re taking to remain competitive in an ever-evolving marketplace.

Moderator:

  • Noelle Acheson, Head of Market Insights, Genesis Trading

Speakers:

  • Dan Doney, CEO, Securrency
  • Nadine Chakar, Head of Global Markets, State Street Digital
  • Jonathan Steinberg, CEO, WisdomTree

1:00 PM EST

Keynote Fireside Chat

CFTC Commissioner Dan Berkovitz: Is Regulated DeFi an Oxymoron?

"A system without intermediaries is a Hobbesian marketplace with each person looking out for themselves. Caveat emptor—'let the buyer beware.' Not only do I think that unlicensed DeFi markets for derivative instruments are a bad idea, I also do not see how they are legal under the CEA."

Commissioner Berkovitz is a leading voice on the regulatory challenges to crypto and DeFi markets and a legal expert on swaps and derivative markets.

He will join DACOM for a fireside chat with Solidus Labs CEO Asaf Meir.

July 21

The rapid growth of trading activity on decentralized exchanges (DEXs), while still smaller compared to centralized crypto exchanges, marks the beginning of profound shifts for capital markets, posing substantial opportunities and challenges for current and future trading venues.

As DEXs continue to proliferate and platforms look to offer new regulated products in these markets, they must also address growing scrutiny by authorities, which are concerned with investor protections and the safety and soundness of the broader financial services system.

Add To Calendar

12:00 PM
EST

Keynote Speaker

Joe Lubin: What's Next for DeFi?

“There will be a public discussion in [the U.S.] and others and then it’ll go well. It’s just such a slam dunk how valuable this technology is. So I look forward to whether it’s me or others, to us all having the opportunity to help regulators and politicians understand why we’re on the same team.”

                                                               - Forkast News, December 2020

The New York Times described Mr. Lubin as Ethereum's "key strategist," and Consensys, the company he founded to advance Etherum's ecosystem, as "the entity that would bring Vitalik Buterin's vision into fruition." As one of Blockchain and DeFi's earliest thought leaders, he is on the forefront of the forefront of enabling it's integration into traditional finance, and beyond.

Mr. Lubin will join DACOM for a fireside chat hosted by CryptoCompare.

12:30 PM
EST

Panel

The Future of Trading Venues and Regulatory Outlook

In this panel, participants will offer their perspectives on the future of trading venues and offer suggestions on how, and in what ways, regulators should address this space.

Moderator:

  • James Harris, Commercial Director, CryptoCompare

Panel Members:

  • David Newns, Global Head of Global Link Execution Services, State Street
  • Haohan Xu, Founder & CEO, Apifiny
  • Lisa Nestor, Sr. Director, Ecosystem, Stellar
  • Pete Elkins, Head of Trade Surveillance and Market Health, Coinbase
  • Chen Arad, Co-founder & COO, Solidus Labs

July 22

Anti-money laundering and Know Your Client regulations are a staple of modern-day finance and a long-standing effort championed by governments around the world seeking to thwart illicit financing activity and ensure the integrity of their markets. As transactions move beyond fiat to a growing number of digital and crypto-based alternatives, concerns are mounting that illicit financing activity is shifting into these new markets, necessitating government intervention. With every enhancement to existing regimes, however, comes real concerns related to financial privacy and, ultimately, the future of the digital assets ecosystem.

Add To Calendar

12:00 PM
EST

Keynote

Michele Korver: Enabling Innovation While Mitigating Risks

“Michele brings a wealth of digital currency expertise, and will be a tremendous leader in coordinated efforts to maximize FinCEN’s contribution to the innovative potential for financial expansion of opportunity while minimizing illicit finance risk.”

                                        - FinCEN Director Michael Mosier, July 2021

Michele Korver was recently appointed as FinCEN's first Chief Digital Currency Advisor, to lead the agency's effort in enabling the digital asset industry, while mitigating its new risks. Having led digital currency thinking at the U.S. Department of Justice Criminal Division, she's a foremost expert on the dynamics of crypto and DeFi regulation.

She will join DACOM for a firside chat with Jackson Mueller, Director of Policy and Government Relations at Securrency.

12:30 PM
EST

Panel

Balancing Privacy and Risk: Financial Integrity in the Crypto Space

What is the “right” direction here? What is an acceptable balance between transparency and privacy of financial accounts and transactions? Are technological solutions available that can bridge this divergence to ensure that the privacy features embedded in the use of physical cash are carried over to the digital realm?

Moderator:

  • Ian Taylor, Executive Director, CryptoUK

Panel Members:

  • Mandeep Walia, Chief Risk and Compliance Officer, Circle
  • Katherine Hou, Senior Financial Intelligence Investigator, TRM Labs
  • Mriganka Pattnaik, Co-Founder and CEO, Merkle Science
  • Dave Jevans, CEO, Ciphertrace

Reserve your spot

Hosted By

Solidus Labs is a team of finance veterans on a mission to enable safe and regulated crypto markets through tailored compliance and risk monitoring solutions. Solidus offers the first crypto-native, comprehensive, automated and testable market surveillance and risk monitoring hub tailored for digital assets. Crypto businesses globally rely on Solidus' solutions in order to apply for licensing, attract institutional investors, protect their users and grow faster - and safer.

CryptoCompare is the global leader in digital asset data. Institutional and retail investors rely on the company for real-time, high quality data spanning 4,200+ coins and 195,000+ currency pairs.By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the market across trade, order book, historical, social and blockchain data. For more information, please visit our website.

Securrency is a financial markets infrastructure technology company focused on enhancing capital formation and stimulating global liquidity. Securrency is driving change at the core of financial services via a patent-pending distributed identity and compliance framework and a state-of-the-art infrastructure designed to bridge legacy financial platforms to blockchain networks.

Global DCA is a global self-regulatory association for the digital asset & cryptocurrency industry. It was established to guide the evolution of digital assets, cryptocurrencies, and the underlying blockchain technology within a regulatory framework designed to build public trust, foster market integrity and maximize economic opportunity for all participants.