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Virtual Currency Blog

SEC Fintech Forum Addresses Blockchain Technology’s Impact on Financial Services Industry and Hurdles to Mainstream Adoption

On November 14, 2016, the Securities Exchange Commission hosted a Fintech Forum to discuss technological innovations across the financial services industry. The Impact of Recent Innovation on Trading, Settlement, and Clearance Activities panel focused on blockchain technology and its ability to transform various facets of the financial services industry.

Congressman Cárdenas Sheds Light on H.Res. 835

Berns Weiss LLP recently met with Congressman Tony Cárdenas (D-California) to discuss his co-sponsorship of the bi-partisan virtual currency/blockchain technology resolution, passed by the U.S. House of Representatives on September 12, 2016. It represents the first formal acknowledgement by the U.S. Congress of the need to regulate this developing technology.

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