#2: Miguel Diaz: How Digital Assets transform the Debt Capital Markets in Brazil
Miguel Diaz | Director | Banco Santander, Brazil
June 2023
About the Episode
During this episode we discuss how the blockchain technology, and especially digital assets transform the debt capital markets in Brazil and subsequently, how the role of banks might change. Our guest Miguel Diaz, Director Debt Capital Markets, Banco Santander Brasil, shares insights about the digital transformation process at banks in Brazil, what is happening in the broader Brazilian digital asset ecosystem and how it is impacted by the new Brazilian crypto regulation that will come into effect in 2023. Miguel also talks about the risks he sees related to digital assets, the main one being money laundering. Lastly, we discuss what might happen in the Brazilian digital asset ecosystem in the near and more distant future.
This episode is hosted by Viola, Community & Ecosystem lead.
About Miguel Diaz
Miguel Diaz is Director at the Fixed Income division at Santander Brasil. He has over 15 years of experience in Debt Capital Markets both in São Paulo and New York. Prior to Santander, he worked at JPMorgan, Deutsche Bank and SMBC, advising clients in Latin America. Miguel holds a bachelor’s degree in Economics at Universidade de São Paulo and a MBA in Finance at Wharton Business School.
Timestamps
- 0:45 Welcome by Viola (host) & intro
- 1:37: Miguel, please introduce yourself & your role with Banco Santander Brasil
- 2:31: When and how did you start engaging with the blockchain technology?
- 3:09: How is the blockchain technology impacting the banking sector in Brazil?
- 6:07: How do the capital markets currently look like in Brazil and which role play (or will play) digital assets?
- 10:29: What are the relevant regulations for digital assets in Brazil?
- 15:28: How does the blockchain technology change the intermediation role of banks?
- 16:20: How is it for you to experience this digital transformation in your industry caused by the blockchain technology?
- 19:30: How does the broader digital asset ecosystem in Brazil currently looks like?
- 20:41: What are the impacts of the Brazilian Crypto Regulation Bill on the ecosystem?
- 23:14: In your opinion, what are the biggest risks related to digital assets / blockchain technology?
- 25:24: In your opinion, where will the space head?
This episodes' ecosystem partner
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