The SEC seems to be trying very hard to understand the blockchain, fintech and cryptocurrency world. The agency is preparing to hold a public fintech forum on blockchain in May, 2019.
The SEC announced that some of its staff will hold a forum on DLT and digital assets on 31st of May. Some time ago, the SEC created the Strategic Hub for Innovation and Financial Technology as an effort to better understand the financial technologies and blockchain. The FinHub was founded as an “intermediary” between market participants, or fintech “hopefuls” and the SEC.
The upcoming forum in May will be the second one organized by the agency. Many were convinced that the SEC felt the pressure to create a unit such as the FinHub, since it has been rejecting Bitcoin ETFs “forever”, it seems.
However, the SEC is working diligently to address key questions and issues that fintech leaders, blockchain developers and cryptocurrency enthusiasts might have.
The panel will include professionals and academicians, who will discuss topics such as ICOs, DLT innovations, digital asset platforms, etc.
The forum is open to the public and will be held at the SEC’s Washington D.C. Headquarters.
FinHub was opened last year in October. As Leaprate reported, the FinHub’s primary role is to publish information form the SEC, but at the same time, to communicate with interested parties who have questions about the current and upcoming regulatory changes related to the fintech industry. The office is run by Valerie Szczepanik, the SEC’s senior advisor for digital assets and innovation.