Web3 Growth Expert Bilal Bin Saqib Emphasises the Need for Regulation for the Crypto Market at Davos
In Brief
Bilal Bin Saqib MBE, a web3 growth expert, was part of different panels at the World Economic Forum and Crypto 2030, speaking about regulations and their importance in fostering innovation in today’s rapidly advancing technological environment.
The annual meeting of the World Economic Forum in Davos, Switzerland, brought together 3,000 participants from around the globe. That included 1,600 business leaders, 350 heads of state and government ministers, and hundreds of academics, civil society leaders, and entrepreneurs.
The conversations revolved around AI, blockchain, and crypto, with themes revolving mainly around the regulatory environment.
Bilal Bin Saqib MBE, a web3 growth expert, was part of different panels at the World Economic Forum and Crypto 2030, speaking about regulations and their importance in fostering innovation in today’s rapidly advancing technological environment.
Recognised by Forbes in their Asia 30 under 30 list for his work in strategy and innovation, Bilal has an extensive track record in developing market routes and growth strategies for web3 projects. Since 2017, Bilal has been advising various projects, helping them scale through his network and experience in penetrating global markets.
As his area of work revolves around market routes, he often deals with projects navigating the complex regulatory environment. According to Bilal, “The ongoing regulatory and compliance shifts pose significant challenges, creating roadblocks that hamper the functioning of financial institutions and innovation.”
The regulatory environment in crypto has been one of the most talked about topics, especially after the spot Bitcoin ETF approval. Commenting on the same, Bilal said that the ETF gives ‘Bitcoin legitimacy, decreasing regulatory uncertainty and giving crypto the reputation of an asset class’. He commented that the involvement of financial institutions like BlackRock will ‘ensure strong oversight and investor protections, all in a convenient and familiar investment class.’
Connect with Bilal: Website | LinkedIn
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
