DTCC Organizes Blockchain Event on Capitol Hill

DTCC Organizes Blockchain Event on Capitol Hill

Rage Review : Last month, the US Securities Depository and Clearing Corporation (DTCC) organized a blockchain technology discussion event in Washington, giving regulators and other financial industries the opportunity to ask blockchain experts questions directly. The event mainly discussed the impact that distributed ledgers will continue to have on the market. Earlier this year, DTCC also held a similar event, mainly discussing the impact that blockchain will have on DTCC and how to improve its operations.

Translation: Nicole

Last month, the Depository Trust & Clearing Corporation (DTCC) organized a discussion event on blockchain technology in Washington, D.C., for a group of regulators and financial industry participants.

DTCC hosted the event on Capitol Hill, giving regulators and others in the financial industry the opportunity to ask questions directly to blockchain experts.

Mark Wetjen

In a blog post yesterday, DTCC General Manager Mark Wetjen said at the event: “It is critical to engage policymakers and regulators from the outset. New technologies can create tremendous opportunities to connect the world’s economies, make markets more secure and efficient, and deliver services to consumers in new ways.”

After DTCC Chairman and CEO Mike Bodson discussed how the market can use distributed ledgers, representatives from the blockchain industry were invited to speak.

Panelists included Chris Church, Chief Business Development Officer at Digital Asset Holdings; Gary Goldsholle, Deputy Director of the Division of Trading and Markets at the Securities and Exchange Commission (SEC); Jennifer Peve, Executive Director of the DTCC’s Office of Internet Finance Strategy; and Greg Schvey, CEO of Axoni.

The DTCC announcement follows a similar event earlier this year, during which the agency discussed how it would begin exploring how blockchain could impact and improve its operations.


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