The Commission on securities and stock exchanges of the USA launches its FINTECH hub for cooperation with companies that use blockchain, artificial intelligence and other innovative technologies. This writes Forbes.
With the development of the blockchain startups under the scrutiny of the SEC’s new platform can streamline the process of compliance with regulatory requirements. FINTECH hub will be headed by Valerie Sepanik, senior Advisor, digital assets, and innovation and Deputy Director of the SEC division of corporate Finance. In his commentary for Forbes Sepanik said:
We have many years of dealing with these problems. Hub will help it all comes together.
In the last year, the SEC significantly enhanced its activities in kriptonyte. At the beginning of the year, the regulator has even created a web site that emulated fake ICO to raise public awareness. Users who wanted to invest in the project, the site was redirecting in educational section, where you can learn about the signs of fraudulent ICO.
It also became known that the second FINTECH-forum SEC next year will be devoted to the blockchain and other technologies of the distributed registry.
In a statement to Forbes, the Chairman of the SEC, Jay Clayton described FINTECH hub as “a Central point of our efforts to monitor and participate in promising innovations in the securities markets, which, however, require flexible and rapid response”.