Financial Services

Highlights from John Glen’s Keynote Speech at the Innovate Finance Global Summit on Crypto

Business People Standing In Street And Discussing

John Glen, Economic Secretary to the Treasury of the United Kingdom, delivered the keynote speech at the Innovate Finance Global Summit held in London last month.

Glen began his speech by stressing the enormous contributions financial services institutions, particularly “fintech unicorns,” have made to the UK; the UK is the leading European fintech hub and the second leading fintech country in the world (falling only behind the U.S.).

Given the high amount of activity and growth surrounding fintech in the UK, Glen has considerable knowledge regarding the country’s action plan for implementing cryptocurrency regulatory frameworks. He discussed this and more in his keynote speech, dissected and summarized below:

 

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Read the full transcription of Glen’s keynote speech here.

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Carl Aridas

Carl is certified in the Scaled Agile Framework (SAFe), a Scrum Master, and a Six Sigma Green Belt project manager with more than 25 years of experience in financial services overseeing large-scale development global, multi-currency accounting, regulatory reporting, and financial reporting software platforms. He has hands-on experience completing, reviewing, and filing Federal Reserve, FFIEC, and IRS reports, including Call Reports, Y9C reports, 2900 reports, TIC reports, and arbitrage rebate reports.

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