Head of Blockchain Expert Committee Highlights Financial Commission’s Digital Asset Self-Regulatory Efforts in Open Letter

The Financial Commission / Commission News / Head of Blockchain Expert Committee Highlights Financial Commission’s Digital Asset Self-Regulatory Efforts in Open Letter

January 15th, 2019, The Financial Commission today announces the publication of an open letter from the Head of the recently formed Blockchain Expert Committee (BEC), Steven Hatzakis, highlighting the development of self-regulatory efforts in the digital asset trading industry.

The letter is addressed to fellow BEC experts and approved Blockchain Association members but gives all audiences great insights into the work of the Blockchain Association and Expert Committees for 2019, including details on the new Dispute Resolution Service dedicated specifically to digital assets trading and investing. The letter also provides a thorough analysis of some current themes surrounding regulations, security and token classification.

To read Mr. Hatzakis’ letter, please click here to visit the Financial Commission’s official website.



Blockchain Expert Committee

Financial Commission’s Blockchain Expert Committee (BEC) is comprised of digital asset industry experts, as well as legal and compliance professionals who are committed to advancing self-regulatory efforts for the digital currency trading community and finding solutions to common issues arising from the physical exchange of digital currencies by customers, storage of digital assets on the Blockchain.

The BEC is an integral part of the newly formed Blockchain Association which aims to unite cryptocurrency exchanges and financial firms transacting on blockchain that are committed to upholding the highest standards of commercial honor and best business practices. In joining the professional community companies and individuals have the unique opportunity to consult with industry experts, legal and compliance professionals and fellow association members about regional regulations and compliance in key global markets where digital currencies are in very high demand.

About Financial Commission

Founded in 2013, the Financial Commission is 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.

Financial Commission provides efficient compliance solutions to its members, alongside its External Dispute Resolution (EDR) mechanism that serves as an effective channel for processing complaints from clients of member firms.

To find out how the Commission is expanding efforts into self-regulation and transparency for the digital currencies and Blockchain markets, please visit the Blockchain Association page of our website.

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