LBank Successfully Hosts “Code Meets Law,” Advancing Global Crypto Compliance
The post LBank Successfully Hosts “Code Meets Law,” Advancing Global Crypto Compliance appeared on BitcoinEthereumNews.com.
Singapore, Singapore, May 1st, 2025, Chainwire LBank (lbank.com), a leading global cryptocurrency exchange, successfully hosted the “Code Meets Law” forum in Dubai, marking a major milestone in its efforts to align crypto innovation with global compliance standards. As the world’s regulatory landscape evolves, this forum underscored LBank’s ongoing commitment to fostering a transparent, secure, and legally aligned Web3 ecosystem. Held at the prestigious Peregrine Ballroom, One&Only Royal Mirage, the forum gathered leading regulatory officials, legal experts, compliance professionals, and Web3 innovators to discuss the path forward towards a robust and sustainable compliance infrastructure for the crypto industry. With over 800 registered participants, highlighting the growing industry-wide focus on regulatory alignment. The forum featured two high-level panels: Panel 1: Smart Rules: Building Trust Through Embedded Compliance, moderated by Maleesha Gunawardana, Compliance Lead at LBank (UAE). Speakers included Dr. Ayesha Binlootah, Assistant Vice President at Dubai Virtual Assets Regulatory Authority (VARA); Dr. James Smith, Founder of Elliptic; ShiYun Chia, CEO of VerifyVASP; and Jason Allegrante, Chief Legal & Compliance Officer at Fireblocks. The discussion focused on several key topics, including Dubai’s regulatory readiness for the Travel Rule and how market participants can align with emerging virtual asset compliance frameworks. Dr. Ayesha Binlootah from VARA offered a regulatory perspective on how effective compliance can be embedded at both institutional and systemic levels. She emphasized that proactive regulatory frameworks and clear supervisory guidance are critical to building trust and resilience across the industry. Dr. James Smith, Founder of Elliptic, noted that as regulatory requirements grow increasingly complex, blockchain analytics is becoming a vital bridge for trust and collaboration between institutions and regulators. These tools help the market preemptively identify potential anomalies and enable proactive compliance implementation. Jason Allegrante, Chief Legal & Compliance Officer at Fireblocks, shared practical insights from an enterprise infrastructure perspective. He…
Filed under: News - @ May 1, 2025 9:19 pm