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Tuesday, June 5 • 12:20pm - 1:00pm
Cryptocurrency, the central (bank) question

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Central banks are not having an easy time with the crypto question. The global CrypoAsset maket is estimated to be in excess of $500 BUSD. Cryptocurrencies have now been joined by Crytotokens, which have proven popular for funding new venture through Initial Coin Offerings (ICOs) There are over 1500 Cryptocurrencies currently in issue, with Bitcoin, Ether and Ripple comprising the top 3. Bitcoin gained another sustained period of global prominence and in 2017 with is price rising from 2,000 USD per BTC in June to 19,000 USD per BTC by Dec, an 850% increase driven by speculation. In the autumn of 2017, CME and CBO both launched Bitcoin managed futures. Cryptocurrencies are algorithmically generated through a Hash algorithm, and reside on decentralized networks on the blockchain or distributed ledger technologies. This is where many of the differences between cryptocurrencies begin: some are on public networks, some private, some have limited total supply, some no maximum supply limit, some are free floating, some are pegged to fiat currencies or commodities. What role do Cryptocurrencies play in society and what is their future? Is there a job for Cryptocurrencies in Central Banks, and if so what job is that? What is the future of Cryptocurrencies, digital currencies, and cash?Central banks are not having an easy time with the crypto question, and nor should they; it’s one of the most complex issues we face as a global economy. So what’s the right approach? Should they start buying speculatively to protect against deflation? Do they regulate it as fiat, or is launching a national coin the right approach?

Moderators
avatar for Lawrence Wintermeyer

Lawrence Wintermeyer

Co-Founder & Director, Global Digital Finance
Biography coming soon

Speakers
avatar for James Chapman

James Chapman

Senior Research Director, Bank of Canada
James Chapman is the Senior Research Director in the Funds Management and Banking Department at the Bank of Canada. James received a Ph.D. in economics and a MSc in statistics from the University of Iowa in 2006. He joined the Bank of Canada as a senior analyst in that year. James’s... Read More →
avatar for Martin Etheridge

Martin Etheridge

Head of Notes Division, Bank of England
Martin Etheridge is Head of Division at the Bank of England with responsibility for Fintech. He is also the Head of Banknote Operations and oversees the Bank’s work on digital currencies. Prior to this role, Martin held a number of senior positions in Prudential Regulation at the... Read More →
avatar for Dr. Marius Jurgilas

Dr. Marius Jurgilas

Member of the Board, Bank of Lituania
As the godfather of Fintech in Lithuania, and with a background that bridges academia and government, Marius Jurgilas is one of Europe’s foremost thought leaders on the future of banking. Expert in the topics of: - Innovation + regulation: How to foster innovation through regulation... Read More →
avatar for Thomas Moser

Thomas Moser

Alternate Member of the Governing Board, Swiss National Bank
Thomas Moser is Alternate Member of the Governing Board and Deputy Head of Department I of the Swiss National Bank since the beginning of 2010. The scope of business of Department I includes Economic Affairs, International Affairs, Statistics, Legal Services, and Communications.   Before... Read More →


Tuesday June 5, 2018 12:20pm - 1:00pm
The Ringside Stage