Government legislators & regulators from around the world meet in Washington to discuss blockchain & cryptocurrency
In the past 20 months, the value of cryptocurrencies has exploded from $151 billion to almost $3 trillion. That is an increase of 1,987%. At the same time, the FED dropped bank reserve requirements to zero and added $14 trillion new dollars to the existing $4 trillion money supply. This has resulted in the US Dollar devaluing at its greatest rates in decades.
Blockchains, digital currencies, wallets, regulation, standards, and legal applications are advancing at a pace beyond the capacity of many government policymakers to keep up. The financial landscape is changing at a rapid pace and new legal and regulatory frameworks are needed to address this financial ecosystem. Unfortunately, too few policymakers have been able to invest the time to understand the technology and its implications.
For that reason, the Government Blockchain Association (GBA) is hosting a historic event called the Future of Money, Governance, & the Law. It is an educational seminar at the National Press Club for policymakers, administrators, and regulators. Participants in the event include:
- Barclays Bank
- Central Reserve Bank of El Salvador
- European Commission
- Federal Deposit Insurance Corporation
- Federal Housing Finance Agency
- Federal Reserve Bank of Boston
- Kuwait Direct Investment Promotion Authority
- Massachusetts Division of Banks
- Maven Federal Credit Union
- Rhode Island Department of Business Regulation
- The Union of Arab Banks
- The World Bank
- U.S. Department of Homeland Security
- U.S. Department of the Treasury
- U.S. House of Representatives
- United Nations
The seminar will take place January 27-28 and will also include the Annual Achievement Awards and an elegant Roaring 20’s Reception. There are still a limited number of sponsorship opportunities available.
For more information about this event visit the Event Page or contact Kathy Dache, Event Director at kathy.dache@GBAglobal.org