October 16th, 2018, The Financial Commission, a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages that participate in global foreign exchange (forex), derivatives, and CFD markets is pleased to announce its recent successful participation at the Blockshift 2018 conference, which took place on October 11-12th in Miami, Florida.[/fusion_text]
The event brought together over 300 investors, 110 speaks and 100 sponsors to discuss the ever evolving blockchain and digital currency markets. Of particular interest was the panel titled “Regulatory Update: What’s New at the SEC, FINRA, FinCEN, CIMA and CFTC”. The Commission and event attendees were able to receive some new insights into how the U.S. regulatory bodies view digital currencies, ICOs and token issuance in the framework of existing and proposed regulations. We bring to your attention some highlights of the discussion:
Our representatives met with event delegates to discuss developments in blockchain technologies, as well as regulatory efforts in the US and offshore. Given the Commission’s continued interest in developing effective self-regulatory mechanisms for digital currencies and blockchain, our lengthy discussion focused on approaches to regulation by the Blockchain Association of the Cayman Islands.
Commenting about the event participation, Financial Commission Chairman, Peter Tatarnikov said, “Our interest in blockchain and digital currency regulation continues to grow as we respond to increasing inquiries from our Financial Commission members and partners regarding best practices in this unique space. We joined Blockchain Shift 2018 to get the best update on the current regulatory environment and connect with key stakeholders to find synergies for self-regulation initiatives.”
To learn more about how Financial Commission provides digital commodity traders and cryptocurrency firms with an effective dispute resolution channel visit FinancialCommission.org or contact us to learn more about our services.