Public blockchain in financial services: overcoming regulatory challenges
Although the benefits of blockchain for the financial industry are increasingly well understood, making use of public permissionless blockchains can still pose regulatory challenges for banks. Previously, the compromise was private blockchains, which gave distributed ledger technology functionality without the risks of public blockchain. However, these come with their own challenges and trade-offs.
Now, under the administration of President Donald Trump, momentum is building to overcome the regulatory challenges preventing public blockchain adoption in the US. But if this process is to happen both quickly and safely, regulators and decision-makers at traditional institutions must be brought to a clear understanding of the capabilities of public blockchain protocols to establish an effective policy framework.
This means exploding some of the stubborn myths around public blockchains, demonstrating that they can provide a robust, scalable infrastructure for financial markets, and identifying areas where existing regulations might prevent the adoption of blockchain infrastructure.
This event is co-organised by the Global Finance & Technology Network and OMFIF’s Digital Monetary Institute during Insights Forum 2025. The Insights Forum is taking place from 10 – 11 November at the Sands Expo & Convention Centre in Singapore, and will co-locate in the week of a milestone 10th edition of Singapore FinTech Festival 12 – 14 November.
To register your interest in attending Insights Forum 2025, please see here.
If you would like to enquire about participating in the roundtable, please contact Max Steadman at [email protected] or Folusho Olutosin at [email protected].
Speakers
Deborah Algeo
Managing Director, Singapore & Hong Kong
Zodia Custody
Deborah Algeo
Managing Director, Singapore & Hong Kong
Zodia Custody
Vivian Clavel DÃaz
Head of Open Banking & Digital Currency Initiatives, Financial Services
Minsait (Indra Group)
Vivian Clavel DÃaz
Head of Open Banking & Digital Currency Initiatives, Financial Services
Minsait (Indra Group)
Toh Wee Kee
Global Head of Business Architecture for Kinexys Digital Payments
JP Morgan Chase & Co
Toh Wee Kee
Global Head of Business Architecture for Kinexys Digital Payments
JP Morgan Chase & Co
Wee Kee is Executive Director and Global Head of Business Architecture for Kinexys Digital Payments at J.P. Morgan, where he is responsible for architecting business capabilities for digital payments, and developing strategies to address current needs and capture future opportunities. He works closely with the product team to develop product vision and strategies, and with the technology team on aligning technical solutions with business needs.
Prior to joining J.P. Morgan in 2022, Wee Kee was the Specialist Leader for Distributed Ledger Technology at the Monetary Authority of Singapore, and led Project Ubin, a collaborative industry project exploring the use of blockchain and DLT for clearing and settlement of payments and securities. He was also Advisor at the BIS Innovation Hub, where he led Project Dunbar with a vision of enabling interoperable CBDCs and connected multi-CBDC platforms.
Candace Kelly
Chief Legal & Policy Officer
Stellar Development Foundation
Candace Kelly
Chief Legal & Policy Officer
Stellar Development Foundation
Dea Markova
Policy Director
Fireblocks
Dea Markova
Policy Director
Fireblocks
Lewis McLellan
Head of Content, Digital Monetary Institute
OMFIF
Lewis McLellan
Head of Content, Digital Monetary Institute
OMFIF
Matthew Osborne
Europe Policy Director
Ripple
Matthew Osborne
Europe Policy Director
Ripple
Katie-Ann Wilson
Managing Director, DMI
OMFIF
Katie-Ann Wilson
Managing Director, DMI
OMFIF
Katie-Ann Wilson is Managing Director, Digital Monetary Institute at OMFIF. She is responsible for leading and managing the team to deliver the institute’s overall business objectives through a pipeline of publications and events. Katie-Ann develops the editorial scope across these projects and supports senior engagement with central banks, regulators, financial services, and technology providers. She also contributes to the corporate leadership of the entire business.
Prior to joining OMFIF, she worked at King’s College London, supporting the social science and public policy faculty on research submissions to higher education funding bodies. Before this, she worked as a grant writer for a non-governmental organisation in Israel.
Katie-Ann holds an MA in International Political Economy (distinction) from King’s College London and a BA (Hons) in International Relations from the University of Leeds.