How do regulations impact technological innovation? What legal challenges does blockchain technology face in the financial sector? What is the role of European and Spanish regulation in the evolution of digital assets?
These questions were the core of an enlightening discussion during the round table “European and Spanish Regulation on DLT and Digital Assets” at the II International Congress on Digital Assets and the Financial Sector, organized by the Illustrious Bar Association of Madrid on November 23. Moderated by Almudena de la Mata, CEO of Blockchain Intelligence, the conversation revealed a series of crucial nuances that define the intersection between emerging technology and regulations.
Discussions focused on the specific legal and regulatory challenges faced by distributed ledger technology (DLT) and how these new regulations are shaping the Digital Assets landscape. Practical use cases and implications for the financial sector were explored, highlighting concrete examples in areas such as the supply chain, where DLT is transforming the way transactions are managed and recorded.
Francisco Del Olmo from the CNMV provided a perspective from government regulation, while Paula Gámez from CECA MAGÁN Abogados offered insights from the legal sector. Lorena Mullor, from the Spanish Banking Association, shared her experience in digital public policies and Ana Puente from the Ministry of Economic Affairs and Digital Transformation offered a unique vision from the government. Xavier Foz, Banking and Financial expert, provided a comprehensive view of how these regulations are affecting and reshaping the financial landscape in Spain and Europe.
Almudena de la Mata, in addition to moderating the round table, shared valuable insights about the DivAirCity project. This pioneering project explores how blockchain technology can transform and improve air quality in cities. She addressed the importance of technological innovation in solving environmental challenges and how projects like DivAirCity are paving the way towards sustainable solutions through the use of emerging technologies.
From supply chain to financial transactions, the roundtable offered a comprehensive view of how blockchain technology is reshaping the financial landscape and contributing to practical solutions in broader areas. Participants not only discussed critical questions but also provided an essential roadmap for the successful convergence between technology and regulations in the digital assets space.