Jim, special guest Philip Stafford of the FT, and colleagues from FH explore how the crypto industry sparks policymaker ambition and trepidation in Brussels.
The crypto industry in recent months has found itself wrapped up in everything from debates over EU sanctions policy to concerns about climate change and financial stability.
A sector that has expanded enormously in the blink of an eye, evolved far beyond its original purpose and that at times has even appeared to threaten the role of central banks was always going to preoccupy minds in Brussels.
But the debate over crypto is far from one sided, with ministers just as keen to extol the potential of their capitals as hubs for financial innovation as they are concerned about setting clear rules of the road.
In part 1 of the podcast, Jim and Phil explore how the growth of crypto came to increasingly preoccupy Brussels from multiple standpoints, including crucial questions of consumer protection. Jim and Phil sketch out how the sector involved from Bitcoin to Dogecoin and DeFi, and explain it all along the way.
In part 2, Jim and colleagues Juliette Le Drogou and Alex Tompkins delve into what form the EU’s policy response is taking, ranging from the landmark MiCA legislation to the possible creation of a Digital Euro.
The episode demystifies often jargon-heavy debates about a sector that is proving to be as voyage of discovery for traders and regulators alike.
