DLT in compliance: after the hype RaC and RegTech: Reconciling two different traditions in machine-executable regulation

Digital Assets are rarely out of the news. Whether it’s the latest machinations of Bitcoin’s price, concern on the ESG credentials of crypto assets, the likelihood of more targeted regulation, or the rapid growth of Decentralised Finance (DeFi). To make sense of it all; we bring you a summary of our recent RGP member event during which highly regarded representatives from an incumbent institution making plans to support digital assets, a crypto asset start-up and a regulator discuss where we are today, the importance of consumer understanding, the challenges faced by regulators in both protecting consumers and ensuring orderly and fair markets, and how this may all plan out. We will also look at the implications for the regulatory obligations of both institutions and digital asset service providers.