Today, there are more than 18,000 cryptocurrencies, although only a few of them achieve large capitalisations and widespread distribution. In this Wild West, regulatory intervention is needed now more than ever to protect investors and regulate possible abuses in a complex geopolitical scenario. The setting of regulatory standards is crucial to prevent operators from placing themselves in jurisdictions where greater flexibility is granted for one reason or another.
To avoid unregulated drifts and uncertainty for the system, it is therefore appropriate to take a step forward. Could the solution be for states to digitise their currencies?
All this was discussed on Thursday 12 May, at 3pm, at the live talk organised by Formiche magazine “Cryptocurrencies. The future of money?”. Speakers included Paolo Ciocca, Consob Commissioner; Stefano Quintarelli, member of the steering committee of the Sustainable development solutions network; Federica Rocco, CEO of Cryptovalues; and Moreno Zani, Chairman Tendercapital. The moderation of the meeting was entrusted to the Editor in chief of Formiche magazine, Flavia Giacobbe.