Traditional finance has a long way to go before it's ready to embrace digital currencies, according to crypto executives.
Many companies are still focused on quarterly profits and shareholders, but that model is going to be challenged in the next decade, speakers at the "Digital Money 2030" panel at the Singapore Fintech Festival said Tuesday. Tim Grant, the CEO of SIX Digital Exchange, said the future financial system should benefit everyone.
"A bank that will not move this into their mainstream and be willing to give up a lot of their revenues now to secure their future will end up without a future," said Gigi Levy-Weiss, a general partner at NFX.
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
