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Successful Crypto Assets Conference in Frankfurt

by Blocks99

3 weeks ago

The successful Crypto Assets Conference ended yesterday, March 10, with a panel discussion on European crypto and security token platforms. Attendance and spirits were high despite coronavirus.

Organizers say this year’s CAC was the most successful Crypto Assets Conference yet, with more attendees than both previous events combined. This is an especially significant indication of interest considering that large numbers of people are currently avoiding travel and exposure to crowds due to coronavirus.

 On top of the excellent attendance, the organizers see the CAC 2020 as a big step forward in terms of content.

“What we see is that people are sharing not just stuff on PowerPoint,” said Philipp Sandner, Head of Frankfurt School Blockchain Center, which hosted the two-day event. “Now we see that the stuff is getting real. You see custody startups doing custody for Bitcoin assets and other topics. This had been in PowerPoint mode last year and now it’s getting real – people are programming things, they’re launching their startups, the startups are being funded.”

Europe in the spotlight

The focus of the CAC was decidedly European, with presentations and discussions around central bank digital currencies (CBDCs) and the digital euro, on the one hand, and heightened interest in Bitcoin and other cryptocurrencies as an asset class, on the other. The latter point is especially prominent in Germany, following the country’s introduction of its crypto law on January 1, 2020. For the first time, financial institutions can acquire a license to provide custody and other crypto services. “It’s good to see, also in Germany, how the market holds,” said Swiss-based serial entrepreneur and FinTech investor Marc Bernegger, talking about conference highlights. “I think cryptocustody was a big subject. And in general, I think it’s good to have new entrants, the old ecosystem combining the knowledge of the more in-depth crypto aficionados. It’s a good combination.”

The CAC also provided a setting for lively dialogue and networking. Aside from some cancellations, the most visible signs of caution due to coronavirus were a novel form of handshake (touching elbows) and frequent sharing of hand disinfectant. Participants said they looked forward to next year’s event.

(Source: Blocks99 live reporting)

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