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29 Jul 2024
The future of stablecoins in Singapore
3.00pm - 4.00pm
Free
CPD Hours :
I non-core CPD hour given after event
Overview
Stablecoins are digital payment tokens designed to maintain a constant value against one or more specified fiat currencies. When well-regulated to preserve such value stability, stablecoins can serve as a trusted medium of exchange.
Last August, the MAS announced the features of a new stablecoins regulatory framework that seeks to ensure a high degree of value stability for stablecoins regulated in Singapore.
Join this one-hour session where three practitioners share insights on the practical applications of the stablecoins regulatory framework as experienced in their different roles as venture capital investor, in-house legal counsel dealing with AML issues and litigator obtaining the grant of legal remedies by the Singapore Court to resolve disputes over stablecoins, as well as, what they see is the future of stablecoins in Singapore.
Schedule
Speakers
Gerard Quek
LoK YekSoon
Vivian Yeong
Gerard Quek
Deputy Managing Partner, PDLegal LLC
About the Speaker
3. Advisory and litigation work pertaining to cryptocurrency disputes.
Gerard has also co-authored the following:
2. The annotations of three statutes, namely the Hire-Purchase Act, the Sale of Goods (United Nations Convention) Act and Terrorism (Suppression of Financing) Act. These annotations have been published under the Annotated Laws of Singapore by LexisNexis Singapore.
In 2021, Gerard was recognised by Asian Legal Business as one of Asia’s 40 Under 40 Lawyers. The aforesaid list featured the region’s best lawyers under the age of 40. More Recently, Gerard was recognised as Future Star (in the “Commercial and Transactions” category) by Benchmark Litigation Asia-Pacific 2023.
LoK YekSoon
Founding Partner, Awesome Ventures
About the Speaker
YekSoon, the Founding Partner of Awesome Ventures, is an astute investor in ClimateTech, FinTech, MedTech, SpaceTech, and Enterprise Software. With a proven track record of success. He is known for his strategic investments and hands-on approach to helping entrepreneurs succeed.
Starting his journey as a software engineer at Singapore’s first Internet startup, YekSoon’s career expanded to influential roles in US media companies, where he pioneered strategies against illegal music downloads. In 2020, he founded Awesome Ventures, an early-stage venture capital firm that invests in B2B technology startups.
YekSoon is a passionate advocate for innovation and a grounded investor well-versed in blockchain technology. His commitment extends to supporting ClimateTech and SpaceTech startups in the US and UK. His foresight is evident in early investments in groundbreaking cryptocurrencies such as Bitcoin, Ethereum, and Stellar Lumens. His successful exits include notable companies like 3PAR, RightNow, RedHat, Twilio, and Cloudflare.
Beyond investments, YekSoon has played a pivotal role in shaping digital transformation for startups and established companies. He shares his expertise as a mentor and lecturer at esteemed institutions including the National University of Singapore (NUS), Nanyang Technological University (NTU), the Singapore Management University (SMU), Shanghai Jiao Tong University, the University of Monash and Wawasan Open University.
Vivian Yeong
Legal Counsel, Sygnum
About the Speaker
Vivian is a legal counsel at Sygnum Singapore. She is a strong advocate for blockchain and digital asset innovations, and relishes opportunities to collaborate cross-functionally and optimize regulations for the creation of a future-proof web3 system.
All views made by Vivian in the webinar are her own and do not represent that of Sygnum’s.
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