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The mainstreaming of cryptocurrency and what it means
Will 2021 be remembered as the year cryptocurrency went mainstream?
The blockchain-powered financial services industry drew about $30 billion in venture capital this year, more than in all previous years combined. Meanwhile, hype over a more decentralised Internet - from NFTs and crypto to Web 3.0 and beyond - reached a fever pitch.
Co-hosts Mustafa Alrawi and Kelsey Warner unpack and explain the trends, and Kelsey interviews Abu Dhabi Global Market's Wai Lum Kwok, senior executive director, about the role regulators play in this new frontier.
In this episode:
The future of digital assets and ADGM's stance (0m 54s)
FinTech products and services approaching ADGM (4m 11s)
Finding a balance between regulation and innovation (7m 15s)
Where are we in the evolution of FinTech? (8m 54s)
Read more on our website:
- Cryptocurrencies drew about $30bn from VCs in 2021, more than in all previous years
- Next generation ultra-rich to increase wealth through cryptocurrency investments
- Global cryptocurrency regulation should be comprehensive and co-ordinated, IMF says
- What to consider before investing in cryptocurrencies
Subscribe to Business Extra for free to receive new episodes every week
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View all episodes
By The National News
4
77 ratings
Will 2021 be remembered as the year cryptocurrency went mainstream?
The blockchain-powered financial services industry drew about $30 billion in venture capital this year, more than in all previous years combined. Meanwhile, hype over a more decentralised Internet - from NFTs and crypto to Web 3.0 and beyond - reached a fever pitch.
Co-hosts Mustafa Alrawi and Kelsey Warner unpack and explain the trends, and Kelsey interviews Abu Dhabi Global Market's Wai Lum Kwok, senior executive director, about the role regulators play in this new frontier.
In this episode:
The future of digital assets and ADGM's stance (0m 54s)
FinTech products and services approaching ADGM (4m 11s)
Finding a balance between regulation and innovation (7m 15s)
Where are we in the evolution of FinTech? (8m 54s)
Read more on our website:
- Cryptocurrencies drew about $30bn from VCs in 2021, more than in all previous years
- Next generation ultra-rich to increase wealth through cryptocurrency investments
- Global cryptocurrency regulation should be comprehensive and co-ordinated, IMF says
- What to consider before investing in cryptocurrencies
Subscribe to Business Extra for free to receive new episodes every week
Apple Podcasts | Google Podcasts | Spotify | Podbean
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