Over the last few years there has been a real push to develop types of assets based on blockchain technology such as digital assets or crypto assets. In addition to the cryptocurrencies such as Bitcoin, Ether or Solana, the technology enables the development of various types of financial instruments and newly created assets such as stable-coins, central bank digital money (CBDC) or tokenized traditional assets.
After more than a decade of adoption by the investment world, the crypto phenomenon has not remained as a speculative niche within investments, but on the contrary, it is progressively gaining volume and market share. It is no surprise that regulation has consistently reached these assets and this technology, albeit in an irregular way depending on the country.
Currently in Europe, the Directive for the Prevention of Money Laundering, AML5, is in force and intense work is being carried out on the draft of the MiCA Regulation (Markets in Crypto Assets), which will be the cornerstone of the regulation for these assets and in general for the entire sector that we call decentralized finance or DeFi.
Likewise, to a greater or lesser extent, traditional financial entities are beginning to offer or consider products and services related to this sector: intermediation in cryptocurrencies, tokenized vehicles, NFTs, derivatives on crypto assets, etc.
Throughout this programme we will review the essential elements of this technology, along with the use cases it generates for business and the regulation that will order these elements. Students who pass the programme will have the necessary training to be able to understand the novelties in this field and outline the essential attributes of the projects and activities that are developed in a financial institution with respect to crypto assets.