Name: Why is Regulating Cryptocurrencies So Difficult?
Start: 2022-06-30T16:00:00Z
End: 2022-06-30T16:00:23.000Z
Location: BrightTALK
Rating: 5

MyChargeBack is the global leader in complex dispute resolution involving cryptocurrency and card-not-present transactions for goods and services that were not provided by the merchant as contracted.

More than $17 billion has already flowed into digital assets in 2021 as family offices, hedge funds, and money managers have warmed up to cryptocurrencies. At the same time fraud involving cryptocurrencies has soared: 2021 may set new records for investment fraud: more than 14,000 investment scams were reported to the FTC in the first quarter of 2021, with victims losing $215 million in this quarter alone. Sophisticated criminals in the US and globally are using cryptocurrencies in fraud and money laundering operations, often targeting retail investors, including millennials. Despite the advent of digital wallets, frauds involving cryptocurrencies are becoming more common and have broad implications for banks, financial institutions, and investors. 

In this webcast, using real-world examples we’ll:
-        Explore the ways in which cryptocurrencies are used to perpetrate fraud schemes 
-        Discuss what regulators, including overseas bodies, are doing to reduce the risk associated with fraud 
         cases involving virtual currencies.

In our next webcast, we’ll highlight technologies such as investigative tools and other means being used to reduce the threat of fraud involving cryptocurrencies.

Investing in Cryptocurrencies Soars, But Fraud Risks Loom Large

Regulating cryptocurrency presents several challenges. Among them are defining what constitutes regulation, addressing the borderless nature of cryptocurrencies, and issues that stem from competing regulatory efforts.  This webcast will focus on the challenges associated with regulating cryptocurrencies and the efforts made to address them.

Why is Regulating Cryptocurrencies So Difficult?

Cryptocurrency

Regulatory

Bitcoin

Welcome to the UK wealth managers community on BrightTALK! Join thousands of UK wealth managers on BrightTALK to share and learn about wealth planning, the best investment funds and more. Browse hundreds of on-demand webinars and videos presented by recognized wealth management professionals and increase your engagement by participating in live interactive webinars.

UK Wealth Managers

Join this highly engaged community of UK financial advisers as they share peer-to-peer best practice advice. Find content related to investment and economics, better business practices, client acquisition and client referrals for financial advisors, as well as tax and pension advice. Further the engagement by presenting and participating in live interactive webinars and videos.

UK Financial Advisers

Welcome to the US financial advisor community on BrightTALK. Join the community to learn alongside thousands of financial advisors and registered investment advisors. Access relevant and timely content on investment products and strategies, regulations and compliance and the market landscape. You can also find practice management insights on topics such as client acquisition and retention, life planning, marketing and social media best practices.

US Financial Advisors

Welcome to the US wealth managers community on BrightTALK. Join this community to hear industry experts share market, compliance, legal, tax and fund updates and analysis. You can also find helpful tips on financial planning, asset allocation, portfolio management and engaging and retaining high net-worth (HNW) clients.

US Wealth Managers

Join this new, vibrant community to learn and connect with top thought leaders, startups and banks who are disrupting the financial services industry. Keep up with the latest news and trends in Fintech and take part in lively debates on topical issues and challenges.

Fintech

The accounting and finance community on BrightTALK features presentations from leading accountants and finance professionals. The accounting community includes tax planning strategies, QuickBooks webinars and other accounting webinars, while the finance community features presentations on financial capital regulations and forensic data analytics. Join the conversation by attending live financial and accounting presentations and connecting with industry thought leaders.

Why is Regulating Cryptocurrencies So Difficult?

Presented by

About this talk

More from this channel