In this podcast video interview recorded on December 4th, 2023, Blockchain Journal editor-in-chief David Berlind speaks with Aon Managing Director James Knox who was one of the panel discussion moderators at the Boston Institutional Digital Assets Forum's end-of-year event in Boston, Massachusetts. The discussion primarily revolved around the current trend where investment into blockchain technology is more likely to happen in international jurisdictions where there's more legal certainty than not. Knox notes that global enterprises are gravitating towards jurisdictions outside the US, such as Germany and Singapore, where there is more regulatory clarity in the digital asset space. Investments, as well as activities like the adoption of blockchain as a platform, are being influenced by the still-evolving yet crypto-permissive guidelines offered by legislation and regulators in these and other international jurisdictions.

The conversation covers specific international examples such as Project Guardian from the Monetary Authority of Singapore and Markets in Crypto-Assets Regulation (MiCA) in the European Union. These and other government-led initiatives are essentially welcome mats to blockchain innovation, encouraging early adopting enterprises to set up their operations in these regions. Knox emphasized that regulatory certainty extends beyond investments to broader blockchain activities, including tokenization, stablecoins, and NFTs. Regulator interest in stablecoins is growing due to their efficiency and cost-effectiveness compared to traditional financial instruments based on US dollars.

The interview concludes with insights into Aon's role in the blockchain space. James highlights Aon's provision of consulting advice and insurance to companies involved in digital assets and blockchain. The insurance coverage includes protection against cyber threats, theft of digital assets, and other risks. Overall, the interview underscores the importance of regulatory clarity in shaping the global landscape of blockchain investments and activities, with Aon playing a crucial role in providing risk management solutions for companies navigating the ever-evolving blockchain space.

To watch the video version of this podcast or read its full-text transcript, go to https://blockchainjournal.com/interview/aon-managing-director-knox-lack-regulatory-clarity-leads-blockchain-investments-outside

The video can also be watched on Blockchain Journal's YouTube Channel at

https://www.youtube.com/watch?v=DJYhZ1CsOnE