
Naresh Malhotra
Global Head of Financial Risk Review/Assessment, OKX
11:00 - 11:45
Understanding Regulatory Expectations for Stablecoins and Tokenized Deposits
- Implications of the Clarity and Genius Acts for banks, issuers and custodians
- Supervisory focus on reserve management, transparency and systemic risk
- How tokenized deposits differ from stablecoins – and what both mean for liquidity and balance-sheet management
- Designing governance and assurance frameworks for digital-asset operations
11:35 - 12:10
PANEL DISCUSSION
Financial Risk Framework for Managing Systemic & Counterparty Risk in Crypto Derivatives
- Market Risk: Monitoring Systemic Leverage and Funding Rate Exposure
- Counterparty Credit Risk (CCR): Segregation and Loss Mutualization in Derivatives
- Margining Practices: Basel III Principles vs. Crypto Volatility
- Bridging the Collateral Gap: Custody Risk in the CeFi/DeFi Hybrid
- Liquidity Risk: Cross-Chain and Fiat On-Ramp Stress Testing
