Everything you need to know about the Financial Innovation and Technology for the 21st Century Act (FIT21) that the U.S. House of Representatives recently passed and its potential impact on the digital assets ecosystem, from the legislative process behind FIT21 and the challenges of defining digital assets to the power dynamics between the SEC and CFTC, the role of LabCFTC, and the timeline for regulatory clarity.

Show Highlights

→ Key drivers behind the push for FIT21

→ How FIT21 creates clear lines of regulatory authority between the SEC and CFTC

→ Next steps for the bill after passing the House and what compromises or modifications will

need to be made to clear the Senate

→ The timeline for regulatory clarity for the digital assets ecosystem

→ The role of LabCFTC

QCP Founder and CEO Darius Sit joins the Future of Money podcast to break down the dynamic crypto derivatives ecosystem.

From options and futures to other exotic products, Darius provides a crash course on the state of the global crypto derivatives landscape, contrasting these innovative digital asset instruments with their counterparts in spot crypto markets and traditional finance.

Show Highlights:

→ Understand the intricacies of options, futures, and other exotic products.

→ How do crypto derivatives markets compare with spot crypto markets and TradFi?

→ Discover which global entities Darius thinks are poised to transform the crypto derivatives space

→ Darius's predictions on the trajectory of digital asset derivatives

Is Dubai's crypto framework setting a global standard?

Dive into an in-depth conversation on how the city is navigating the complex terrain of digital asset regulation with the Dubai Financial Services Authority (DFSA)’s Head of Innovation & Technology Risk Supervision, Ken Coghill, on the Future of Money podcast recorded March 7, 2024.

Show Highlights:

→ Ken's unexpected journey from extreme sports and trading floors to leading technology risk supervision at DFSA

→ An in-depth exploration of DFSA's regulatory sandbox and its pivotal role in fostering fintech innovation

→ The evolution of DFSA's crypto regulations, including the nuanced approach to crypto tokens and security tokens

→ The importance of international collaboration among regulators in the rapidly evolving digital asset space

→ Ken's vision for the future of regulation, with an emphasis on adaptability and the need for continuous learning within the regulatory and compliance sectors