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Author Topic: [2016-05-26] Blockchain compliance raises questions of regulatory scope, intent  (Read 244 times)
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May 26, 2016, 03:02:01 PM
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Blockchain is increasingly popular in the financial industry, with banks all over the globe expected to make huge investments in the technology before the end of the decade.

Big names in the finance world are certainly starting to take notice, on both the regulatory and corporate side: Nasdaq representatives touted blockchain's transparency benefits when it started using the technology to trade shares in 2015, and earlier this year SEC Chair Mary Jo White said the agency is "actively exploring" blockchain compliance regulations to protect investors.

Digital commerce experts are not surprised that regulators are targeting blockchain, but wonder if lawmakers are ignoring the technology's security benefits.


http://searchcompliance.techtarget.com/feature/Blockchain-compliance-raises-questions-of-regulatory-scope-intent

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