DTCC Organizes Blockchain Event on Capitol Hill

The DTCC has revealed it hosted a group of regulators and financial industry execs in Washington, DC, last month for a conversation on blockchain

By Michael del Castillo

Jul 13, 2016 at 5:40 p.m. UTC

Updated Sep 11, 2021 at 12:22 p.m. UTC

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The Depository Trust & Clearing Corporation (DTCC) hosted a group of regulators and members of the financial industry in Washington, DC, for a discussion on blockchain tech last month.

The event, held on Capitol Hill, was designed by the DTCC to give regulators and other financial industry stakeholders a chance to ask questions directly to blockchain experts.

In a blog posted yesterday, DTCC managing director Mark Wetjen said of the event:

"It is important that we engage policy makers and regulators from the beginning of this process. New technologies are creating tremendous opportunities to connect economies around the world, make markets safer and more efficient and deliver services to consumers in novel ways."

Following a talk from DTCC president and CEO Mike Bodson on how markets could leverage distributed ledgers, members of the audience were invited to address representatives of the blockchain industry.

Panelists included Digital Asset Holdings chief business development officer Chris Church; SEC trading and markets division deputy director Gary Goldsholle; DTCC office of FinTech strategy executive director Jennifer Peve; and Axoni CEO Greg Schvey.

The meeting follows similar events organized by the DTCC in the wake of its announcement earlier this year that it would begin exploring how blockchain could impact and improve its operations.

Capitol Hill image via Shutterstock

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