CoinDesk’s Money Reimagined

Future-Proofing Finance: MICA, Crypto Disclosure, and Global Regulatory Challenges

Bluprynt CEO and Georgetown Law Professor, Christopher J Brummer highlights the crucial need for financial disclosure to evolve with technological innovations.

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Michael Casey’s New Book with Frank H. McCourt, their forthcoming book: Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

In this episode of "Money Reimagined," hosts Michael Casey and Sheila Warren are joined by Christopher J. Brummer to discuss the importance of disclosure in the financial industry and how blockchain technology can facilitate innovation in this area. They explore the regulatory framework in Europe known as MICA (Markets in Crypto Assets) and its impact on the disclosure requirements for crypto assets. They also discuss the challenges and opportunities of global harmonization in financial regulation and the role of AI in shaping the future of investing.

Takeaways |

  • Disclosure is crucial in the financial industry and needs to evolve alongside technological innovations.
  • The MICA regulatory framework in Europe is a step towards standardizing disclosure requirements for crypto assets.
  • Global harmonization in financial regulation is becoming more challenging due to geopolitical factors.
  • AI has the potential to shape the future of investing and regulatory practices.
  • Regulatory policies should be forward-looking and adaptable to technological advancements.

Links |

Congressional Testimony on the Future of Digital Assets Regulation | by Chris Brummer

Chris Brummer | Georgetown Law

Crypto Council for Innovation

CoinDesk.com


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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer.

HOSTS

Michael J. Casey

Michael J. Casey is Chairman of The Decentralized AI Society, former Chief Content Officer at CoinDesk and co-author of Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age. Previously, Casey was the CEO of Streambed Media, a company he cofounded to develop provenance data for digital content. He was also a senior advisor at MIT Media Labs's Digital Currency Initiative and a senior lecturer at MIT Sloan School of Management. Prior to joining MIT, Casey spent 18 years at The Wall Street Journal, where his last position was as a senior columnist covering global economic affairs.

Casey has authored five books, including "The Age of Cryptocurrency: How Bitcoin and Digital Money are Challenging the Global Economic Order" and "The Truth Machine: The Blockchain and the Future of Everything," both co-authored with Paul Vigna.

Upon joining CoinDesk full time, Casey resigned from a variety of paid advisory positions. He maintains unpaid posts as an advisor to not-for-profit organizations, including MIT Media Lab's Digital Currency Initiative and The Deep Trust Alliance. He is a shareholder and non-executive chairman of Streambed Media.

Casey owns bitcoin.

Michael J. Casey