Tero Reuna

Regulation is one thing; implementing new rules across live systems, global entities, and market infrastructures is another entirely. While firms grapple with operationalising evolving regimes such as MiCA and the GENIUS Act, policymakers and standard-setting bodies are simultaneously reshaping the principles that underpin tomorrow's financial market infrastructures (FMI).

This session brings together policymakers, central bankers, and industry practitioners to examine where gaps between policy intent, global standards, and operational reality are widest, how industry, policymakers, and regulators can better coordinate in an environment where rules and infrastructure are being built in parallel, and what the future of the institutional digital assets ecosystem will look like.