Biba Homsy is lawyer in Luxembourg and Switzerland.
She is active in the Blockchain and crypto space since 2015 and run her boutique law firm Homsy Legal with 4 associates in Geneva and Luxembourg supporting private actors with specialisation in regulatory, compliance, financial services and crypto-assets.
Before that, she was heading teams at the Swiss regulator FINMA for 5 years, and was also Chief Compliance for CREDIT SUISSE where she was in charge of Luxembourg and its European branches (France, Portugal, Ireland, Austria, Netherland) with oversight of 40 people.
She has been designated one of the 30 worldwide crypto experts by the International World Economic Forum (WEF) to support the WEF in the digital expansion
She is a lecturer for several universities in compliance, AML and Fintech.
She holds two masters of Laws (French & Swiss Universities) and a certification from Harvard Law School on regulation.
She seats in the board of directors of 3 major Banks in Europe :
• Clearstream - Luxembourg
• Credit Agricole - Switzerland
• Quilvest - Switzerland
Roundtable Room 1 (Level 2)
Decoding Digital Assets and Payments
This roundtable reflects Elevandi’s commitment to developing the infrastructure to support the adoption of new technologies. Following on from the 2023 Point Zero Summit debate, “Who Will Emerge the Digital Money Winner: Stablecoins or Tokenised Deposits?”, the Insight's Forum saw a public-private roundtable consider the Rules to power a stablecoin driven economy
As digital assets are gaining importance, stablecoins, tokenised bank deposits and deposit tokens promise the facilitation of payments. At the same time, regulatory bodies and standard setters of financial markets have identified a number of issues which call for close attention.
Operating within the theme of Decoding Digital Assets and Payments, this roundtable looks at the international regulatory landscape for stablecoins, tokenised bank deposits and deposit tokens and focusses on ‘lessons learned’ from ongoing regulatory initiatives worldwide. What is needed to reconcile the promise of innovation with the need for sound regulation? What regulations are sensible from a financial stability and monetary policy perspective?
This is one of two discussions surrounding stablecoins which brings together views on this issue from regulators, standard setters, stablecoin issuers, commercial banks and academics at the Insights Forum. Find out more at the "Stablecoins in the monetary system of the future" session, which aims to provide guidance to regulators, support commercial banks in adapting to the evolving landscape, and encourage FinTech innovation alongside stablecoins.
Attendees who wish to familiarise themselves with the topic may refer to the reference materials below.
- Stablecoins or tokenised deposits
- Rules to power a stablecoin driven economy