Regulators, Legislators Join Blockchain Leaders at Bretton Woods Retreat

Regulators, legislators and entrepreneurs will decamp to New Hampshire this week for a gathering aimed at formalizing industry principles.

AccessTimeIconJul 8, 2016 at 9:15 p.m. UTC
Updated Sep 11, 2021 at 12:22 p.m. UTC

Regulators, legislators and entrepreneurs will decamp to Bretton Woods, New Hampshire, this week for a gathering aimed at formalizing guiding principles for the blockchain industry.

Organized by consumer advocacy group Consumers’ Research, the event will be held from Sunday, 10th July through Wednesday, 13th July, with the goal for a final white paper to be released at payments industry conference Money2020 in October.

Confirmed attendees include members of government groups including the US Federal Trade Commission; US Department of Commerce; and the National Institute of Standards and Technology, as well as US Representatives Mick Mulvaney and David Schweikert and members of educational groups including Coin Center and MIT Media Lab.

In statements, Consumers’ Research executive director Joe Colangelo spoke broadly of the impact blockchains and distributed ledgers could have across industries, while suggesting regulatory concerns may be holding back the technology's wider use.

Colangelo said:

"This collaboration will produce a model for bitcoin and blockchain-based companies that also addresses the concerns of regulatory entities."

The assignment is a shift from last year’s paper, released at The North American Bitcoin Conference, which focused on opportunities and obstacles for the emerging tech.


Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Investing in the Future of the Digital Economy
October 18-19 | Spring Studio, NYC