Over the last decade, a growing list of digital assets have been available to trade on exchanges around the globe, as policymakers work to keep pace with the fast-moving industry.

It’s estimated that there are currently up to 500 in operation, each with its own platform, geographical reach, and operating in a unique regulatory environment. And while these platforms may end up looking more and more like their traditional market counterparts, existing exchanges should also benefit from new competition and sources of innovation.

In this episode of The Money Movement, Jeremy is joined by Brett Harrison, President of FTX.US*.

*FTX.US is a Circle customer

They cover:

👉 00:03:30 - Brett’s life before FTX

👉 00:07:08 - The role of crypto exchanges as market makers

👉 00:08:30 - The challenges of crypto exchanges

👉 00:14:00 - The challenge with regulation for crypto exchanges

👉 00:17:00 - Creating a listing standard for cryptocurrencies

👉 00:20:13 - Bridging blockchains and NFTs with wrapped tokens

👉 00:25:48 - Traditional asset tokenization

👉 00:33:18 - Acquiring LedgerX, a CFTC regulated exchange and clearing house

👉 00:36:29 - Creating a digital asset securities market regulation structure

👉 00:38:27 - Scaling blockchain   

👉 00:44:00 - Developing “super apps”

If you’re interested in how digital assets are disrupting traditional financial market structures, tune in to this episode of The Money Movement.  

Subscribe here:

👉 YouTube: https://bit.ly/3lUcJFN 

👉 Apple: https://apple.co/3G3CrPZ 

👉 Spotify: https://spoti.fi/3lUd6jF 

👉 Email: https://bit.ly/3aXWYY5 

And connect with Harrison here:

👉 Twitter: https://twitter.com/brett_ftx

👉 LinkedIn: https://www.linkedin.com/in/brettaharrison

👉 Website: https://ftx.us

About the show

The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient, and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.

The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through programmable internet commerce. Learn more about Circle Business Accounts and Platform APIs at circle.com.

The 20th century saw economic booms and shocks that caused governments worldwide to develop new systems for managing systemic risk while encouraging growth of the private sector. Those efforts have evolved into the financial system we know today, predating the internet by decades and only slowly realizing the benefits of digital technology.

Following the Great Recession of 2008, decentralized networks emerged to apply the benefits of internet technology to money and finance, laying the foundation for the burgeoning digital asset ecosystem we see today. What does the future hold for governments, the unbanked, and the foundation of how value is exchanged around the world in light of these remarkable advancements?

In this episode of The Money Movement, Jeremy is joined by Dante Disparte, Chief Strategy Officer and Head of Global Policy at Circle, to discuss the road to digital money..

They cover:

👉 00:01:00 - The new digital currency based financial system 

👉 00:04:00 - Building this new financial system

👉 00:05:00 - Sound money philosophy

👉 00:07:00 - Fractional reserve banking

👉 00:13:09 - How digital money is used in the real economy 

👉 00:19:04 - Are banks really a public good?

👉 00:20:40 - Are these innovations really competing with the traditional banking system?

👉 00:23:00 - The implication of digital transformation on the utility of money

👉 00:28:03 - Digital money’s inherent boundlessness

👉 00:31:00 - Making transactions more efficient, push the tech into the background

👉 00:37:15 - Getting the user interface right

If you’re interested in the innovation of digital money and the evolution to a more efficient financial system, tune in to this episode of The Money Movement.  

Subscribe here:

👉 YouTube: https://bit.ly/3lUcJFN 

👉 Apple: https://apple.co/3G3CrPZ 

👉 Spotify: https://spoti.fi/3lUd6jF 

👉 Email: https://bit.ly/3aXWYY5 

And connect with Dante here:

👉 Twitter: https://twitter.com/ddisparte

👉 LinkedIn: https://www.linkedin.com/in/dantedisparte

👉 Website: https://dantedisparte.com

About the show

The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient, and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.

The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through the frictionless exchange of financial value. Learn more about Circle Business Accounts and Platform APIs at circle.com.