As a relatively new invention, cryptocurrencies have up to now largely escaped regulation.
But if they're ever to really cross over into the mainstream that will have to change. So what rules are actually needed? How might they be enforced? And how exactly might that shape the future of digital currencies?
Today on the Agenda Podcast, we look at what could be the future of money. First we’re joined by Laith Khalaf, financial analyst at stockbroker AJ Bell. Khalaf explains why investors should be wary of heading into cryptocurrencies [00:39].
We also speak to Zhou Yong, assistant general manager of XW Bank, who explains how China has adapted to digital currencies and why it’s well-poised to take a leading role in the cryptocurrency market [08:11].
Finally we talk to Iwa Salami, a senior lecturer in financial law and regulation at the University of East London, and Gavin Brown, associate professor in financial technology at the University of Liverpool. They explain why governments may want to regulate the cryptocurrency and why that would be a difficult task to carry out [13:56].