Bridging Public Policy and Blockchain in the EU w/ Ondřej Kovařík (Senior Advisor @ FTI Consulting)

I think this is a decent set.

I do want to talk about stable coins.

I'm interested to hear your take there as well.

But does this also, does AI come into play here? Is that, are you seeing use cases where it's, you know, highly relevant for, you know, blockchain, Mika, whatever, maybe it's identity, whatever.

I guess, what are some of the use cases that excite you first before we're trying to fix, you know, Band-Aid up to the last solution? Yeah, I'm curious to see what's excited you.

Is it stablecoins? Is it AOI? What's kind of got you excited in the market at the moment?

I think it's actually, it's a sort of a crossroad of all these things at the same point.

I personally believe that we are very fast approaching the period or stage of agentic AI ecosystems.

I think it's already happening, but I think we just need to see the full rollout to the market.

And then if we specifically speak about financial assets and digital assets, I think in this regard, I'm fascinated by the fast pace of development of agentic commerce.

Yeah.

Right.

But it doesn't really have to be e-commerce.

We know it, right? Like sort of you buy in a marketplace and goods that will be delivered.

But even like e-commerce of, you know, buying other digital stuff, buying data, buying access, buying APIs, buying a code, right? These are all things that are happening as part of e-commerce.

And I think the fast development of agenting e-commerce, so that you would basically have agents dealing between each other and trading with each other, that is, I think, something that is really fascinating to see how it develops.

And then it will basically most likely all be running on the stablecoins and the DLT-based financial settlement, which can be atomic, extremely fast, extremely precise.

I mean, these things we haven't had any idea about like four or five years ago when MICA and also I think other pieces of legislation in Europe such as Artificial Intelligence Act were adopted.

so just is that like an amendment that happens later or is a new new kind of thing or i mean you're right this is like next week could be a totally different use case you're not you're not ready for um uh but certainly seems like crypto seems to be the perfect you know perfect use case for stable coins and hygienic commerce yeah

I see it exactly this way.

I think it will be one.

If it develops the way that is, I think, now foreseen, it will definitely become one of the key use cases in this regard.

I mean, you mentioned amendment.

We call it a review or sort of a review process in Europe.

So basically any piece of legislation that... is in place, can be reviewed on a regular basis, also based on the consultation and input coming from the industry.