Towards a new digital finance world

Crypto Assets will be part of the future financial eco-system the same way the market is today issuing, distributing, registering and safe-keeping financial instruments.

Foreword

Five years after the blockchain boom, the financial world has changed and matured.
While we once talked about blockchain like fish might talk about flying, today we have a better understanding of what cryptocurrencies, distributed ledger (DLT) and other digital technologies can achieve. Different solutions and applications leveraging these new technologies have been launched, with varying degrees of success.

One of the first lessons learned was that blockchain is unlikely to completely disrupt the way financial markets are regulated and organized. However, it is clear that this technology can provide more efficient and transparent issuance, distribution and asset servicing methods.

So far, we have produced more papers and studies about blockchain and DLT than actual projects; but what entity would reasonably play and invest in the digital marketplace without first knowing the rules of the game? Clearly, a legal and regulatory framework was the missing piece of the digitalization puzzle; however, this page is about to be turned.