Ryosuke Ushida

Director for International Policy, International Affairs Office

Financial Services Agency of Japan (JFSA)

Ryosuke contributes to regulatory discussions on at international forums such as the G20, G7, FSB, and IMF, serving as Director for International Policy at the JFSA since July 2025. He also leads international AML/CFT Policy on Crypto-assets and stablecoins as Co-Chair of the FATF Virtual Asset Task Force.
Previously, he spent three years as Chief FinTech Officer, leading work on fintech and innovation policy. Earlier in his career, he held various roles in supervisory and policy planning bureau. From 2019 to 2021, he was a Senior Fellow at Georgetown University’s Cyber SMART Research Center, focusing on regulatory frameworks for decentralized finance. He holds a Master’s degree in Finance from London Business School.

Speaking at

11:05–11:55amTue 23 JunForum StageKongresssaal, Level 1Open
Roadmap for AI and Quantum

The Governance of Agentic AI and Frontier Models in Financial Services

Forum StageKongresssaal, Level 1Open
About this session

Even as AI becomes increasingly systemic in financial services, the development of autonomous agents and frontier models with unprecedented capabilities are posing new challenges to existing AI governance frameworks, which remain a work-in-progress across jurisdictions around the world.
As AI systems become more autonomous and deeply embedded in financial institutions and financial market infrastructures, the session will explore how authorities can ensure resilience, trust, and responsible adoption while managing emerging operational, governance, and cyber risks. The session will also focus on the safeguards, standards, and governance frameworks needed to support trustworthy AI deployment as well as the role of central banks and regulators in shaping the future of AI in the financial system.
4:00–5:30pmWed 24 JunGFTN InsightsRoundtable Room 1, Ground FloorOpen
Blueprint for Digital Assets

Investor Protection in the Age of Cryptocurrencies: Risk Management at Every Step of the Journey

GFTN InsightsRoundtable Room 1, Ground FloorOpen
About this session

In recent years, the function of popular cryptocurrencies has shifted. While originally designed as payment instruments, they are nowadays more frequently used as highly volatile investment objects by a variety of investors including retail investors. While a BIS Working Paper showed that between 2015 and 2022 an estimated 73-81% of retail investors have likely lost money on their initial investment in Bitcoin, recent reviews by IOSCO and FSB found that investor protection is still underdeveloped in this area.

This raises the question how and to what extent investors, especially retail investors, must be protected. Starting with a discussion on the available data, the panellists will discuss gaps in current regulation and concepts for an appropriate cryptocurrency regulation architecture in the area of (retail) investor protection.

Featured speakers

Hosted by

Ryosuke Ushida

Speaking at

The Governance of Agentic AI and Frontier Models in Financial Services

Investor Protection in the Age of Cryptocurrencies: Risk Management at Every Step of the Journey