Global Blockchain Business Council (GBBC)

🌍 Last week in Washington, D.C., Global Blockchain Business Council (GBBC), along with IDB Lab and Owl Explains by Ava Labs 🔺, convened a high-level roundtable to explore the future of digital money and cross-border payment systems. From the role of stablecoins, tokenized deposits, and CBDCs in global trade, to the crucial need for interoperability across blockchain and traditional networks, thought leaders from across the public and private sectors unpacked the opportunities and challenges that lie ahead. Throughout the discussion, we shed light on the evolution of financial markets and public-private infrastructure, regulatory guardrails and alignment across jurisdictions, and how frameworks, including the recently released Capital Markets Risk Mitigation Framework (RMF) for regulated financial institutions, can guide responsible innovation in digital money and cross-border payments. Learn more about the Capital Markets RMF here: https://lnkd.in/gevpGRHX A sincere thank you to our co-hosts Sergio Navajas, Inter-American Development Bank (IDB) Lab, and Lee Schneider, Owl Explains by Ava Labs 🔺, as well as our members and community (tagged in comments) who underscored a shared commitment to efficiency, building trust, and inclusive payment rails for the global economy.  #WashingtonDC #Blockchain #Payments #Innovation #digitalassets 

In Nasdaq’s recent webinar, “Changing Market Models for Digital Asset Trading: Institutionalizing Crypto with Modernized Infrastructure,” Global Blockchain Business Council (GBBC) CEO Sandra Ro 🇺🇦 joined leaders from Nasdaq and RuleMatch to uncover the state of market infrastructure, global regulation, and operational considerations. Sandra highlighted the pivotal role of convergence between traditional finance and digital assets, noting that the presence of institutions like Nasdaq signals growing confidence in the sector. She emphasized the need for regulatory clarity and global coordination, warning that fragmented rules across varying jurisdictions could inhibit innovation and adoption.    Key themes of the discussion included:   💡 Risk management & custody as non-negotiables for institutions   💡 Regulatory clarity as a driver of market confidence   💡 Integration with traditional infrastructure fueling adoption   💡 Industry collaboration as the key to resilience & innovation  At GBBC, we are proud to be at the forefront of these dialogues alongside policymakers, financial institutions, and innovators to build a sustainable digital asset ecosystem.  🔗 Read the webinar recap (and find a link to the recording) here: https://lnkd.in/dXkRqr2Y Thank you to Carl Slesser, Gerard Smith, and David Riegelnig for an insightful discussion, and thank you to the Nasdaq team (including Dominic Tortorice and Katherine Eppolito) for organizing this. #Blockchain #DigitalAssets #InstitutionalAdoption #GBBC

Global Blockchain Business Council (GBBC) is partnering with the Hong Kong FinTech Week x StartmeupHK Festival 2025, celebrating a decade of innovation, impact, and collaboration across the global fintech ecosystem.    From November 3–7, join 37,000+ attendees and 800+ world-class speakers at the Hong Kong Convention & Exhibition Centre and venues across the city for a week of conversations around fintech, AI, Web3, blockchain, sustainability, and digital assets.  🔹 Connect with industry leaders from 100+ economies   🔹 Gain perspectives from regulators, founders, and investors   🔹 Explore the next wave of digital innovation across 11 curated forums  🎟️ Register now using discount code HKFTWXSMUGBBC10 to save 10%: https://lnkd.in/gsSXNyU 🔗 Learn more: https://lnkd.in/gcFxWmV  Sandra Ro 🇺🇦, Diana Barrero Zalles, Philip Gant, Sierra Lewis, Jackson Ross, Alfredo J. Oballos Diaz, Tristen Dague, Dina Ellis Rochkind - Paul Hastings Counsel Govt. Affairs, Steve Vallas, Emily Parker, Amina Turgulova, Amanda Wick, Matthew Hoffmann, Anne-Marie Kelley, Renée Berman, Justin Legesse, Karen Hughes, Riley Fay, Patrick Bruckwick #HKFTWxSMUF #HKFTW25 #Fintech #Innovation #Blockchain #AI #Web3  

📢 GBBC Response to FCA CP25/25 – Discussion Chapters: Consumer Duty, Conduct of Business, and Access to Redress. Global Blockchain Business Council (GBBC) has submitted its response to the Financial Conduct Authority (FCA)’s Consultation Paper CP25/25, addressing the Discussion Chapters (6 & 7). These sections explore how existing FCA Handbook rules, including the Consumer Duty, Conduct of Business (COBS), and Product Governance (PROD), should apply to cryptoasset activities. 🔍 Key points from our response: • Support for applying the Consumer Duty in full, with proportionate guidance. • Agreement that PROD rules are not workable for decentralized or issuer-less assets. • Support for disapplying Distance Marketing (COBS 5) in favor of Duty outcomes. • Endorsement of a proportionate approach to stablecoin promotions and risk warnings. • Recommendation to ensure FOS preparedness and definitional alignment across UK frameworks. We commend the FCA’s measured approach to integrating cryptoassets within existing rules and look forward to continued engagement on implementation. Read our full response: https://lnkd.in/ebxa4vSA #FCA #CryptoRegulation #ConsumerDuty #COBS #PROD #DigitalAssets #GBBC

Global Blockchain Business Council (GBBC)’s Board Director Spotlight Series highlights the leaders supporting our community who continue to push the dial forward across blockchain and emerging tech. Today, we are thrilled to recognize Yuval Rooz, Co-Founder and CEO of Digital Asset, whose leadership has been instrumental in transforming the foundations of global finance by converging traditional financial infrastructure with blockchain technology. Yuval has played a central role in establishing the Canton Network, the first and only open layer-one offering traditional finance and crypto capital markets institutional-grade privacy, interoperability, and compliance. Additionally, he serves as Board Member and Treasurer of the Canton Foundation, launched in collaboration with the Linux Foundation. Yuval is a member of the CFTC’s Global Market Advisory Committee (GMAC), Digital Asset Markets Subcommittee, and has testified before the U.S. House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion. His experience at the intersection of finance and technology positions him as a leading voice in shaping how the industry advances the global blockchain ecosystem. Thanks for your leadership Yuval!