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Money 20/20 Amsterdam: The Wrap Up

Money 20/20 Europe is one of the most prominent events focusing on finance. It provides the platform for leading visionaries and innovators from all around the industry to meet, connect and talk about the future of the financial world. Expert speakers from all around the world share their knowledge on the latest developments, such as payments, AI, data and analytics, distributed ledger technology and much more). It also provides the possibility to meet all the new and promising start-ups, innovators and entrepreneurs from around the financial world.

More than 5000 people from over 1500 companies and 80 countries attended this year’s event. The Blocktrade.com’s delegation has been proudly representing Liechtenstein. We talked, connected, schmoozed and networked with pleasure. And we had the opportunity to meet the best and the brightest the financial world has to offer.

 

There will be more blockchain

We think that this year is one of the last years that we are going to be seeing this much of payment processing. More and more people are interested in blockchain and other Fintech breakthroughs. The future is here, and the financial world needs to adapt, embrace the changes and move forward.

We are happy to have created quite a lot of buzz at the event. The fact that we are about to be the first fully MiFID II regulated crypto trading facility has caused quite a lot of stir. This means that not only individuals can trade on Blocktrade.com but also institutions will be able to offer crypto trading to their clients. And it turns out the institutions can’t wait! We have met several brokerages that cannot wait for a regulated exchange that will be able to offer crypto trading to their clients. Some forward-looking investment banks are actively building their trading desks and other financial players are actively searching for new ways to improve their portfolio. At least a billion USD will come to crypto markets from institutions by the end of the year.

 

What about regulation?

Regulation is certainly not the lightest topic in the crypto sphere. But although it might look like regulators are not doing much about crypto assets, they are actually following the space closely and are already drafting new legislation or preparing adjustments to existing ones.

Just as our CEO Luka Gubo pointed out:

 “We should have unified regulatory frameworks – not only across Europe but across the globe – which won’t be restrictive, just outline the rules governing the usage of blockchain technology.”