Cyber Currency - What is it, How it Works, and current Regulations?

Instructor: Ray Graber
Product ID: 705766
  • Duration: 60 Min
This webinar will discuss the fundamental working of virtual currencies, the regulation around it, how bankers might approach virtual currencies. How blockchain can help trace ultimate destination and prevent money laundering. Overall what virtual currencies mean to your institution.

recorded version

$199.00
1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section
Last Recorded Date: Aug-2018

Training CD / USB Drive

$249.00
One CD/USB is for usage in one location only.
(For multiple locations contact Customer Care)
CD/USB and Ref. material will be shipped within 15 business days

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Read Frequently Asked Questions

Why Should You Attend:

If 2017 was the year of the ICO, it seems as if 2018 is destined to become the year of regulatory reckoning. Things have already begun to heat up as countries around the world grapple with cryptocurrencies and try to determine how they are going to treat them. Some are welcoming, others are cautious. And some countries are downright antagonistic. Here is a brief overview of how 15 countries/unions from various regions are treating cryptocurrency regulations.

Bitcoins have gotten much more traction than early detractors and pundits expected. With that reality, what do banks need to do, if anything, to prepare for their existence and surprising acceptance?

This session will present the fundamental workings of virtual currencies with an emphasis on bitcoin and the current state of the regulatory front. How bankers might approach virtual currencies and some thoughts about what the future might hold for bitcoin. Bitcoin and blockchain are here to stay - what does that mean to your institution? How banks can use the blockchain to prevent money laundering as it could help by recording each leg of a transaction, making its ultimate destination easier to trace. Once you understand the fundamentals, you will be able to determine what this means to your institution.

Areas Covered in the Webinar:

  • What is Bitcoin/bitcoin/block chain?
  • How the heck does it work?
  • Facts and figures to surprise you
  • The Good, The Bad, and The Ugly
  • "Regulations? We don't need no stinkin' regulations!"
  • The legal tender debate
  • Technology and regulatory issues
  • What bank's should do now

Who Will Benefit:

  • Operations professionals
  • Money managers - Wall Street
  • Cash Management professionals
  • Payments professionals
  • Retail Banking officers
  • Bank research staff
  • Attorneys
  • Compliance Managers
Instructor Profile:
Ray Graber

Ray Graber
President, Graber Associates LLC

Ray Graber is an SVP at the New England Automated Clearing House Association (NEACH). He brings a deep and thorough understanding of finance, banking, and technology. His business experience includes research and consulting at TowerGroup; best practices Internet security, policies, and procedures at FleetBoston; wire transfer operations and product launches at Citibank and BankBoston, and treasury operations for a $325 million public company.

He was an adjunct professor at the Carroll Graduate School of Management at Boston College where he taught E-Banking, MBA Leadership, Corporate Finance, and the Financial Management of Commercial Banks. At Bentley College’s Graduate Business Program he taught Working Capital Management and Cash Management.

Ray holds a Bachelor of Arts degree in Mathematics and an MBA in Finance and Computer Science from Boston College.

Topic Background:

Bitcoins have been adopted by a wide range of user - the good, the bad, and the ugly. Understanding how they and the block chain operate is essential to preparing for is further adoption and incorporation into financial society.

Although primarily associated with bitcoin, the blockchain is increasingly being eyed by the financial services world as a potential boon for a range of functions. Senior bankers are discussing the potential of blockchain technology as a way to cut costs and improve transparency for financial transactions.

Citi, UBS and Barclays have all recently confirmed that they are exploring the blockchain, while last week a BNP Paribas analyst speculated that the distributed ledger has the potential to completely upend post-trade infrastructure. No bank can afford to ignore what it [bitcoin and the blockchain] promises for the ongoing avalanche of digital innovations to come, including fighting crime and combatting cyber-attacks.

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Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

If you have any concern about the content of the webinar and not satisfied please contact us at below email or by call mentioning your feedback for resolution of the matter.

We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email customercare@complianceonline.com call +1-888-717-2436 (Toll Free).

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