Following the consensus reached at the G20 leaders’ summit on the importance of discussing better governance for the decentralized financial ecosystem, Japan’s top financial regulator is hosting a global blockchain conference to discuss the subject. The regulator is welcoming stakeholders from around the world to participate, including other regulators, open-source software developers, university researchers, and relevant businesses.
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From G20 Leaders Summit to Blockchain Global Governance Conference
Japan’s top financial regulator, the Financial Services Agency (FSA), announced Monday that it is organizing Blockchain Global Governance Conference (BG2C) in collaboration with Nikkei Inc. The event will take place on March 9 and 10 in Tokyo. The FSA detailed:
As stated in the G20 Osaka Leaders’ Declaration under Japan’s presidency … within the international regulatory community, a consensus has been reached on the importance of engaging with various stakeholders in the decentralized financial ecosystem to ensure public policy objectives.
The Osaka summit, where the G20 leaders declared their commitments on a variety of issues including crypto assets, took place at the end of June. Noting that it has been working towards “attaining the concept of multi-stakeholder governance for decentralized financial ecosystem,” the regulator described, “As a cornerstone, BG2C aims at providing a neutral place for stakeholders to deepen mutual understanding and explore the ways to enhance cooperation.”
Worldwide Participants Welcomed
The FSA detailed that it has been conducting Multilateral Joint Research Project (MJRP) since 2017, with an emphasis on blockchain research in areas such as security, privacy, anonymization, and traceability.
“We also observe that potential blockchain deployments will extend to digital currencies and digital tokens as well as
