What should the boards know about cryptocurrency & token economy?
While many would rather refrain the topic, board should be concerned and should be talking about these emerging digital currencies. Why? Because they'll risk missing out a market opportunity. Even companies with no intended involvement with cryptocurrencies will have indirect risks. Other concerns a board should have are:
- What are the three basic asset classes?
How are traditional financial institutions getting involved with cryptocurrency?
How have regulators responded?
What questions should boards be asking of management?
As highlighted by McNamara of PwC. It's further discussed
here
