Bridging Traditional Banking and Digital Assets: Regulatory Insights and Federal Reserve Perspectives | Crypto Law Summit
As traditional financial institutions navigate the evolving digital assets landscape, understanding regulatory expectations and practical implementation strategies has never been more critical. With the recent FHFA directive allowing Fannie Mae and Freddie Mac to consider cryptocurrency as an asset for mortgage lending, and the current administration's pro-crypto stance creating new opportunities, banks need expert guidance on successfully integrating cryptocurrency services while maintaining regulatory compliance.
Join us for an essential fireside chat with Joseph E. Silvia, Partner at Duane Morris LLP and former counsel to the Federal Reserve Bank of Chicago, as he shares practical insights on how traditional banks can bridge the gap between conventional banking and digital assets.
🔑 What You'll Learn
Bank-Crypto Integration Strategy
Practical options for banks entering the cryptocurrency space (custody, trading, reserve fund management)
How to assess institutional capacity and expertise requirements
Starting with "why" - determining the right digital asset strategy for your institution
Managing risk while exploring novel products and services
Federal Reserve Supervisory Expectations
Key concerns regulators have about digital asset custody and trading services
What supervisory staff expect regarding capacity, expertise, and risk assessments
How to navigate discussions with federal and state banking agencies
Documentation and compliance frameworks regulators require
Regulatory Evolution Under Current Administration
Impact of recent FHFA directive on mortgage lending and crypto assets
How banking regulations are evolving with greater flexibility for digital assets
The GENIUS Act and state-level regulatory developments
What comprehensive federal legislation might look like
AML/BSA Compliance for Crypto Transactions
Enhanced compliance program requirements for crypto-engaged banks
Technology solutions for transaction monitoring
Updated customer due diligence procedures
Red flags and unique scenarios in digital asset transactions
Third-Party Risk Management
Unique due diligence considerations when partnering with crypto companies and fintech firms
How to assess relatively young companies with less traditional corporate structures
Structuring partnerships to satisfy both federal banking regulators and state money transmission requirements
Critical risk assessment areas: technology capacity, compliance obligations, and individual expertise
🎤 Featured Speaker: Joseph E. Silvia | Partner, Duane Morris LLP
Joseph E. Silvia is a Partner at Duane Morris LLP and member of the firm's Digital Assets and Blockchain Group, combining extensive banking law expertise with deep insights into cryptocurrency regulation and compliance.
Joe's distinguished career includes serving as counsel to the Federal Reserve Bank of Chicago, where he focused on the supervision and regulation of banks, bank holding companies, and savings and loan holding companies, along with consumer finance and compliance matters. This federal regulatory experience provides him with invaluable insights into supervisory expectations and regulatory priorities.
At Duane Morris, Joe represents international, national, regional and community banks, fintech companies, credit unions, and corporations on corporate and regulatory matters spanning mergers and acquisitions, strategic transactions, payments systems, anti-money laundering compliance, and digital asset integration. He regularly speaks on topics including "Cryptocurrency & Compliance: Tackling AML Challenges in the Digital Age" and "Crypto, Digital Assets and the Future of Money."
Moderated by:
Jonathan Schmalfeld, Head of Policy at the Digital Chamber, the leading blockchain and digital-asset advocacy organization.
🎯 Perfect For
Bank executives and board members evaluating digital asset strategies
Compliance officers and risk managers at traditional financial institutions
Fintech companies seeking banking partnerships
Legal professionals advising banks on crypto integration
Credit unions exploring cryptocurrency services
Bank regulators and examiners
Financial technology vendors serving the banking sector
Format: Fireside chat (conversational interview format)
About Crypto Law Summit
The Crypto Law Summit is a premier educational series bringing together leading legal experts, industry pioneers, and regulatory specialists to navigate the complex legal landscape of digital assets and blockchain technology. Through our comprehensive webinar series and exclusive events, we provide essential insights for crypto entrepreneurs, legal professionals, investors, and compliance officers operating in the rapidly evolving digital economy.
Our expert-led sessions cover critical topics including regulatory compliance, securities law, tax implications, intellectual property protection, cross-border transactions, and emerging legal frameworks that shape the future of cryptocurrency and blockchain ventures. Each event features renowned attorneys from top-tier law firms, regulatory experts, and industry thought leaders who share practical strategies and real-world case studies.
Whether you're launching a DeFi protocol, navigating token offerings, structuring DAOs, or preparing for public markets, the Crypto Law Summit equips you with the legal knowledge and strategic guidance needed to build compliant, sustainable digital asset businesses in today's regulatory environment.
Join our community of 1,000+ crypto legal experts:
https://www.linkedin.com/groups/13598296/
Interested in speaking? If you're a legal expert in the web3/AI space and would like to share your expertise through our webinars and events, please reach out to [email protected]