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Harrys Michaelides: Digital assets now concern the future of financial systems

Harrys Michaelides positioned digital assets as central to the future of finance, arguing that the conversation has moved well beyond crypto as a niche investment category to encompass the broader transformation of the financial system.

Speaking at the opening of the Digital Assets and the Future of Finance Summit 2026, organised by ECOMMBX, the company’s General Manager pointed to accelerating changes in global capital markets and underscored the need for closer cooperation between regulators, financial institutions and technology firms.

“What we are discussing today is not crypto as a niche investment category. We are discussing the foundations of what many now call the next generation of financial services, where digital infrastructure, tokenisation and new forms of capital are changing the way the market operates,” he said.

Michaelides also highlighted Cyprus’ growing standing as a credible European hub for the sector, citing its mature ecosystem of investment firms, electronic money institutions, payment service providers and digital asset companies, as well as its strategic position bridging Europe, the Middle East and Africa.

Referring to the summit, he said its agenda was designed to address the full spectrum of developments shaping the market, including regulation, investment trends, tokenisation, payments and the integration of digital assets into the real economy.

He placed particular emphasis on the dialogue emerging among industry stakeholders, describing it as key to shaping “the financial infrastructures of tomorrow.”