The global adoption of cryptocurrency continues to grow, with a more diverse user base now involved, ranging from retail investors to institutional players. However, misconceptions about Bitcoin and crypto still persist from it being too volatile to be taken seriously, to being seen as a scam or speculative bubble and to its perceived association with bad actors and illicit activity.

In reality, Bitcoin’s has seen increasing mainstream acceptance, particularly in developing economies, and its use as a hybrid asset—used speculatively as a hedge against inflation and currency devaluation, as a store of value (Digital Gold”), and as a medium of exchange. While retail investors were initially at the forefront, institutional investors are increasingly playing a role, investing in Bitcoin through ETFs and other regulated products.

The rise of stablecoins—digital assets pegged to stable fiat currencies like the U.S. dollar—has reshaped the financial landscape. The recently passed GENIUS Act bill seeks to regulate digital assets, including stablecoins, by setting cybersecurity standards and enhancing oversight, helping ensure that innovation does not come at the cost of consumer safety or financial stability.

Innovations in crypto technology, such as smart contracts, Layer 2 solutions and improved privacy features, are also advancing the space, making it more scalable and practical for broader use.

For senior finance executives, the key considerations around digital currencies involve understanding them as both investment assets and potential operational tools. Strategically, cryptocurrencies offer new opportunities for diversification and risk management, but operational challenges like security and regulatory compliance must be addressed. With growing institutional adoption, crypto’s future is likely to be shaped by both investor sentiment (retail and institutional) and regulatory clarity, making it an evolving area of focus for the financial sector.

Disclaimer: The Financial Executives Edge provides informational content only and does not constitute financial, investment, legal, or career advice. The views expressed are those of the guests and do not reflect the views of the moderator, The Financial Executives Networking Group or its affiliates. We make no guarantees about the reliability of the information presented. Listeners should consult a qualified professional before making financial or career decisions. The hosts and creators assume no liability for actions taken based on this content.

The global tax system is undergoing significant changes as countries wrestle with questions about who should have the right to tax income, especially in the context of multinational corporations operating across multiple jurisdictions. At the core of the debate is the question of which jurisdiction has the most legitimate claim to tax a company’s profits and how this right is determined. As countries seek to balance sovereignty with fairness, the evolving landscape of international taxation is marked by both convergence and divergence.

We will explore the core debate between tax jurisdiction and legitimacy, finding a potential compromise between current U.S. Tax Law and BEPS 2.0, and the implications for the digital economy and transfer pricing.