Michael Scarpa

Michael Scarpa is a Managing Director in the Bank of America Securities Americas COO organization, where he leads regulatory advocacy, policy engagement, and strategic initiatives across global markets, emerging technologies, and financial market infrastructure. He is responsible for representing business priorities in engagements with policymakers, regulators, trade associations, and industry working groups on a wide range of regulatory and market structure issues affecting capital markets and banking activities.

In addition to his work on traditional financial services regulation, Michael is a recognized leader in the areas of digital assets, tokenization, blockchain-enabled financial infrastructure, stablecoins, and programmable money. He works across business, legal, compliance, risk, operations, and technology functions to evaluate regulatory developments and emerging market innovations, helping assess how next-generation financial technologies can be integrated into the banking system while maintaining safety, soundness, and compliance.

Michael's experience spans regulatory affairs, strategy, operations, risk management, and business enablement. He actively engages with regulators, industry bodies, financial institutions, fintechs, and market infrastructure providers on the evolution of capital markets, payments, custody, settlement, identity, and trust frameworks in a rapidly digitizing financial ecosystem.

His current focus includes the intersection of regulation, market structure, and technology modernization, with particular emphasis on how banks can adapt to a future increasingly characterized by real-time settlement, tokenized assets, programmable financial services, and on-chain networks while continuing to meet their obligations within the traditional financial system.