Regulating digital assets: The prudential perspective

Thursday, October 20, 2022, 10:00 - 11:30 a.m. EDT
Online: https://www.brookings.edu/events/regulating-digital-assets-the-prudential-perspective/

Crypto and other digital assets are making headlines on a daily basis. Crypto-assets are experiencing a period of substantial volatility with large increases in value followed by sharp declines, and several have imploded into bankruptcy with severe consequences for investors. As a result, there is a growing demand for greater regulatory oversight of the digital asset market. Many market participants are even calling for the prudential regulation of certain digital assets, including a potential requirement that crypto-assets be issued by banks.

On Thursday, October 20, the Center on Regulation and Markets will host an event to explore regulating digital assets. The event will feature remarks from Federal Deposit Insurance Corporation Acting Chairman Martin J. Gruenberg on critical questions bank regulators should consider regarding crypto-asset related activities by banks. A panel of experts will follow, reacting to those remarks and discussing their views. This event is the second in an event series that forecasts the future of digital asset governance from the perspective of state and federal regulators.

Viewers can follow along with the conversation on Twitter using the hashtag #FutureCryptoReg and submit questions using that hashtag or via email to events@brookings.edu.

Watch the first event of this series here: Digital asset regulation: The federal market regulator perspective.