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Cryptocurrency, Blockchain & Beyond: A Cautionary Tale

Dates:  25 September 2018 (8.30am - 5.00pm) 
Venue: Securities Commission Malaysia
Accreditation: SIDC CPE-approved: 10 CPE points


“So my view’s quite clear. I believe cryptocurrencies, Bitcoin is the first example, I believe they’re going to change the world”
-Richard Brown, Executive Architect of IBM

 
The emergence of cryptocurrencies in the 21st century has become a remarkable phenomenon in the history of financial transactions and payment systems. According to a recent study conducted by the University of Cambridge, user adoption of cryptocurrencies has a combined market value of RM27 billion (Bitcoin has the largest market capitalisation) and there is an estimated 2.9 to 5.8 million unique users using cryptocurrency wallets.  
 
While recognising that cryptocurrency transactions may not be just a passing fad and will continue to accelerate in growth, the regulatory authorities in Malaysia have advised the public to exercise caution and consider the risks associated with transactions using this digital currency. To address the prevailing issues related to cryptocurrencies, Malaysia’s first cryptocurrency regulatory framework will be introduced in 2018.
 
To be able to comprehend the severity of the impact of not heeding to these words of caution, participants with an interest in or who are already involved in cryptocurrency transactions should equip themselves with a thorough understanding of the basic features of cryptocurrencies, how it works, how Blockchain supports cryptocurrency transactions and most importantly, the risks involved. This programme’s primary aim is to provide a cautionary emphasis on these issues, risks and all the potential pitfalls surrounding and inherent in cryptocurrency transactions.

  • Programme Delivery

    Programme Objective

    Participants will have an understanding of the features of cryptocurrencies and Blockchain including its uses and benefits and awareness of the issues, risks and potential pitfalls associated with cryptocurrencies.

    Learning Outcomes

    Upon completion of this programme, participants will be able to:
    • Describe the features of crptocurrency’s features and uses to users
    • Describe Blockchain and how it supports cryptocurrency transactions
    • Identify the future developments, innovation and challenges of Blockchain and digital technology  
    • Recognise the risks, issues and potential pitfalls associated with cryptocurrencies and other digital currency transactions

    Methodology

    Interactive presentations, Question-and-Answer (Q&A) sessions and short case study discussion

    Target Audience

    Employees of Investment Banks, Stockbroking and Derivatives Companies (Dealers, Trading Representatives, Compliance, Auditors, Risk Management Officers), Fund Management Companies (Fund Managers, Compliance, Auditors, Risk Management Officers), Analysts, Merchants/Retailers/PLCs, Telco, SMEs, Investors (Retail and Sophisticated), Academicians, University Students and Insurance Companies (Compliance, Auditors, Risk Management Officers)

    Competencies

    Foundational (Regulatory Knowledge) - Capital Market Institutions, Capital Market Intermediaries
    Islamic Capital Market Regulations & Anti-Money Laundering
    Functional (Process Skills) - Know Your Client                                                        
    Functional (Technical Skills) - Digital Technology Application
  • Programme Outline

    ‚Äč
    8.30 am Registration
    9.00 am
    Session 1
    BLOCKCHAIN: THE MECHANICS OF  CRYPTOCURRENCY EXPLAINED
    • What is Blockchain and How does Blockchain support Cryptocurrency?
    • Advantages, Challenges and Issues associated with BlockChain
    • Blockchain in  cryptocurrency
    • History and Development of  Cryptocurrencies
    • Main Use Case of Cryptocurrencies
    • Speculation
    • Virtual currency
    • Payment rail
    • Non-monetary
    Speaker: Bobby Ong, Co-founder, CoinGecko
    10.15 am Q&A
    10.30 am Coffee Break
    10.45 am
     
    Session 2
    CRYPTOCURRENCY BASICS
    • Types of Cryptocurrencies
    • The Cryptocurrency Eco-System
    • Cryptocurrency Mining
    • Bitcoin as a Cryptocurrency
    • Bitcoin around the World (Japan, Singapore, US, China etc)
    • Bitcoin in Malaysia: Who are the players? How is it used?
    • Will the Bubble Burst? 
    • Rights, Risks and Potential Pitfalls of Trading in Bitcoin
    Q&A 
    Speaker:  Bobby Ong, Co-founder, CoinGecko
    12.30 pm Q&A
    1.00 pm Lunch
    2.00 pm
     
    Session 3
    ISSUING INITIAL COIN OFFERINGS (ICO)
    • What is an ICO? Where does it come from?
    • How does it work?
    • The mechanics – rights attaching to the coins
    Q&A 
    Speaker:  Bobby Ong, Co-founder, CoinGecko
    2.45 pm Q&A
    3.00 pm Coffee Break
    3.15 pm
     
    Session 4
    CRYPTOCURRENCIES AND  INITIAL COIN OFFERINGS (ICO): OPPORTUNITIES AND RISKS – PANEL SESSION
    • The Opportunities and Risks with Cryptocurrencies and ICO
    • Impact of Cryptocurrencies and ICO on the capital market
    • Regulatory Landscape and Issues rising from Cryptocurrencies and ICO
      • Level of transparency
      • Stability
      • Replicability
      • Security and Theft
      • Rights and the Risks attached to ICO
      • Other Regulatory Issues and Developments
      • Worst Case Scenarios and Impact – A Case Study
    • Islamic capital market perspective
      •  
    Moderator - Wong & Partners
    Lok Eng Hong, Regional Head, Dealing Equities, Maybank Investment 
    Vijay Ayyar, Head of Business, Luno
    Bobby Ong, Co-founder, CoinGecko
    SC - Innovation & Digital Strategy- Chan Zhong Yang
    Dr Rizal Mohd Nor, Lecturer, IIUM
    4.45 pm Q&A
    5.00 pm End of Programme
  • Programme Fees

    Normal Price
    RM 950